ACLI
ACLI – Amicus Briefs
ACLI – Amicus Briefs 1981 – ACLI – Amicus Brief – Aetna v Mitchell (WI Insurance Commissioner) – 32p 1989 – LC – Firestone Tire & Rubber Co. v. Bruch., No. 87-1054., Supreme Court of United States. 489 U.S. 101 – [link-Google-Scholar] Argued November 30, 1988, Decided February 21, 1989 Appeals for the Third Circuit…
Read MoreACLI – Membership – Companies
ACLI – Membership – Companies acli.com/about-acli/membership/member-list AEGON USA AGC Life Insurance Company Allianz Life Insurance Company of New York Allianz Life Insurance Company of North America Amalgamated Life Insurance Company American Equity Investment Life Insurance Company American General Life Insurance Company American Income Life Insurance Company American-Amicable Life Insurance Company of Texas Americo Financial Life…
Read More1980s – ACLI – Snippets
1980s – ACLI – Snippets 1. Heard report by ACLI concerning life insurance cash flow and liquidity problems caused by recent financial instability. The report noted: (a) High interest rates caused cash outflow. (b) Forward investment commitments have been a source of cash drain while anticipated cash inflows have not materialized. (c) Few companies have…
Read MoreACLI – Annuities
ACLI – Annuities 2007 – ACLI – ACLI Disclosure Initiative for Fixed, Index and Variable Annuities: Constructive Change on the Horizon, Carl B. Wilkerson – 75p 2007 – ACLI – Annuity Disclosure Templates: guidelines and instructions for life insurers on how to prepare disclosure documents for fixed, index, and variable annuities – 48p GENERAL GUIDELINES FOR…
Read More2020s – ACLI – Snippets
ACLI – 2020s – Snippets TPAs and MGAs – We also question the usefulness of collecting information concerning MGAs and TPAs. Insurers are ultimately responsible for the actions of these entities, who can provide a wide variety of services. 2020 0821 – Letter – ACLI to NAIC (MCASWG – Market Conduct Annual Statement Blanks Working…
Read More2010s – ACLI – Snippets
ACLI – 2010s – Snippets 2011 0422 – WSJ – AIG Tries to Sell Death-Bet Securities, By Leslie Scism – [link] The new wrinkle of securitization arose in the market’s boom years before the financial crisis. Just as Wall Street banks bundled mortgages to make mortgage bonds, financiers looked into bundling hundreds of life-insurance policies into…
Read More2000s – ACLI – Snippets
ACLI – 2000s – Snippets Today, life insurers compete directly with non-insurance financial services institutions, such as banks and mutual funds. (p12) — William B. Fisher, Vice President And Associate General Counsel, Massachusetts Mutual Life Insurance Company, On Behalf of the American Council Of Life Insurers (ACLI) 2001 0621 – GOV (House) – Insurance Product…
Read More1990s – ACLI – Snippets
1990s – ACLI – Snippets I’m going to discuss what Norm referred to as consumer disclosure forms To date, no state has adopted these forms. Why this complete lack of action after all the effort in developing the forms? One possible reason is that, during the early part of the year, state insurance departments are…
Read More1970s – ACLI – Snippets
ACLI – Snippets – 1970s The most obvious, though not necessarily accurate, basis of comparison of policies of the same initial or minimum face value is the premium. (p41) 1976 0909 – Letter – ACLI to NAIC – RE: Proposed Changes to the NAIC Model Variable Life Insurance Regulation – 1976-1 – NAIC Proceedings – p623-…
Read More2008 Financial Crisis – ACLI
2008 Financial Crisis – ACLI 2008 1101 – ThinkAdvisor – Smoke and Mirrors?, By Marlene Y. Satter – [link] When ACLI and AIA issued their statements pushing for federal oversight, NAIC accused them of playing politics, reiterating that the state-regulated insurance companies that were part of AIG were sound and “are not the problem.” Further, NAIC…
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