Archive for November 2022
Secrets
Secrets I mean, the law is not a secret…. (p182) 2014 0425 – DOC 813 – Trial Transcript – Day 12 – Walker v LSW – 224p The method of computation of “net premium” is the great insurance secret. We doubt if any legislator or any judge ever solved the problem or guessed the secret. (p66)…
Read MoreNew South Life Insurance Company
New South Life Insurance Company 1977 0525 – The Washington Post – How an Insolvent Firm Keeps Selling Insurance, By John F. Berry – [link] 1983 06 – SOA – Editorial – The Actuary – The New South Life Case, EJM (Ernest J Moorhead (Jack)), Society of Actuaries – 2p 1983 10 – SOA – The Actuary -…
Read More1977 – GOV (Senate) – Federal Insurance Act of 1977 – William Proxmire (D-WI)
1977 – GOV (Senate) – Federal Insurance Act of 1977 1977 0912, 0913 and 0914 – GOV (Senate) – Federal Insurance Act of 1977, William Proxmire (D-WI) — [BonkNote] [PDF-813p-GooglePlay, No VIDEO] Senator Edward BROOKE (R-MA). Mr. Chairman, on June 16 of this year I introduced S. 1710, titled The Federal Insurance Act of…
Read MorePRT – Pension Risk Transfer
PRT – Pension Risk Transfer Pensions De-Risking AAA (American Academy of Actuaries) – 2016 – AAA – Issue Brief: Pension Risk Transfer- [link] — 12p ACLI (American Council of Life Insurers) – Pension De-Risking – [link] MetLife – 2022 – MetLife – 2022 Pension Risk Transfer Poll – [link] – 10p NAIC – CIPR – Pension Risk…
Read MoreSecurian
Securian securian.com Formerly named Minnesota Mutual – (named changed in 2001) Securian Retirement is a unit of Minnesota Life Insurance Company, a Securian company NAIC – IUL Robert Ehren, Securian 2000 – SOA – A Note Regarding “Risk Neutral” and “Real World” Scenarios—Dispelling a Common Misperception, by Gary Hatfield (Securian), Society of Actuaries – 3p 2017…
Read MoreACLI – Run – Disintermediation
ACLI – Run The year certainly tested the ACLI leadership. Frank Keating, its president and CEO, related the many actions he and his team took to work with federal officials to provide some level of support for affected life companies. “The thing that concerned us, because we did not have an FDIC behind us, we…
Read MoreUS – EU
US – EU 2017 0216 – GOV (House) – Assessing the U.S.-E.U. Covered Agreement [PDF-115p, VIDEO-YouTube] House – Committee on Financial Services – Subcommittee on Housing and Insurance 2017 0502 – GOV (Senate) – Examining the U.S.-EU Covered Agreement [PDF-89p, VIDEO- banking.senate.gov/hearings/examining-the-us-eu-covered-agreements McRaith (FIO), Julie Mix McPeak (NAIC – TN), Michael Sapnar (ACLI / Transatlantic…
Read MoreInsurance Information Act
Insurance Information Act H.R. 5840 – The Insurance Information Act of 2008 Paul Kanjorski (D-PA) – (Introduced 04/17/2008) Committees: House – Financial Services H.R.2609 – Insurance Information Act of 2009 Paul Kanjorski (D-PA) – (Introduced 05/21/2009) Committees: House – Financial Services 2008 0610 – GOV (House) – H.R. 5840, The Insurance Information Act of 2008,…
Read MoreAmbiguity
Joe Cassano
Joe Cassano AIGFP SEC DOJ New York Attorney General’s office 2010 0722 – WSJ – A Set of Scribbled Notes Helped Scuttle AIG Probe, By Thomas Catan And Amir Efrati – [link] AIG – People – FCIC Interviews – mp3s Steve Benzinger – {Negative Basis – Cassano told us, we just didn’t know what it meant}…
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