Archive for March 2023
IndyMac
IndyMac 2007 0722 – WSJ – U.S. Regulators Shut Down IndyMac, Blame Senator’s Letter (Senator Chuck Schumer), By Tom Barkley – [link] Sheila Bair, FCIC Chair John Reich, OTS Director Darrel Dochow Chuck Schumer, US Senator – (D-NY, 1999-Current (as of 2023)) 2008 0626 – GOV (Senator Chuck Schumer (D-NY) tp FDIC (Sheila Bair, Chair) and…
Read Moreitm21st
itm21st itm21st.com/ 2018 – itm21st -The TOLI Handbook – 155p CHAPTER 6: The Mechanics of the Universal Life Chassis
Read More2017 1024 – GOV (House) – The Federal Government’s Role in the Insurance Industry – Sean Duffy (R-WI)
2017 1024 – GOV (House) – The Federal Government’s Role in the Insurance Industry – Duffy 2017 1024 – GOV (House) – The Federal Government’s Role in the Insurance Industry, Sean Duffy (R-WI) — [BonkNote] [PDF-140p, VIDEO-YouTube] Schwarcz/Ross/Duffy/Capuano/Katharine Wade (NAIC/CT) FIO Daniel Schwarcz – 27p 1:17 – Capuano – Madoff did things that were Illegal, AIG…
Read MoreRobert Beck
Robert Beck RE: Vanishing Premium Under some permanent insurance, contracts being sold today, the chances are you could stop paying after 7, 8, or 9 years and the insurance would remain in force for the rest of your life without further premium payments. (p6069) [VIDEO-CSPAN] – Impact of Tax Reform on Insurance Industry – (at…
Read MoreRecent Finds
Recent Finds Schumer, IndyMac <WishList> – Letters 1979 1127 / 1980 0303, 0306 and 0501, 0522 – GOV (House) – Confidentiality of Insurance Records, Richardson Preyer (D-NC) Insurance Records Hearings [PDF-689p-GooglePlay] (p1) – Richardson PREYER (D-NC) – Today the subcommittee begins hearings on the administration’s Fair Insurance Information Practices Act. The bill sets uniform nationwide…
Read MoreMSRB – Municipal Securities Rulemaking Board
MSRB – Municipal Securities Rulemaking Board msrb.org/ Section 15B(b) of the Exchange Act established a self regulatory organization, the Municipal Securities Rulemaking Board (MSRB), to set rules for brokers, dealers and municipal securities dealers who engage in municipal securities transactions, subject to Commission oversight.11 However, because the MSRB’s authority is limited only to brokers, dealers…
Read MoreMunicipal Securities
Municipal Securities SEC – Municipal Securities Cases and Materials: Supplemental Text (2004 – 2010 Cases) – sec.gov/municipal/municase07 2012 01 – GAO – Municipal Securities: Overview of Market Structure, Pricing, and Regulation, Government Accountability Office gao.gov///gao-12-265 Full Report: 91p Many critically important aspects of American life, from airports to sewers and schools to hospitals, depend on the…
Read MoreCowman Index to Actuarial Literature – 1889-1989 – SOA, Society of Actuaries
Cowman Index to Actuarial Literature – 1889-1989 – SOA, Society of Actuaries 1989 – SOA – Cowman Index to Actuarial Literature 1889-1989, Society of Actuaries – 1013p (p1) – This index, entitled “Index to Actuarial Literature 1889-1989,” was compiled by Edward F. Cowman, a Fellow of the Society of Actuaries. The title of this index…
Read MoreBGF – Benefit Generating Function
BGF – Benefit Generating Function BGA – Benefit Generating Account BGF – Benefit Generating Function Premium Calculation One thing to keep in mind is that you can take a traditional whole life policy and determine an underlying benefit generating function, because the cash values are simply there. You can fix one item and say, “We…
Read MoreSmoothness
Smoothness (p1063) – 14. Disclosure and Sales Illustration Practice The actuarial task force has become aware of two professional actuarial groups which are now studying sales illustrations for life insurance contracts. Presentations on behalf of both these groups were made at the December 1991 actuarial task force meeting. Judy Faucett commented on the work of the…
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