Sales
1978 12 – GOV (House-Report) – Life Insurance Marketing and Cost Disclosure Report Together with Dissenting Views – John Moss (D-CA)
1978 12 – GOV (House – Report) – Life Insurance Marketing and Cost Disclosure Report: Together with Dissenting Views, John Moss (D-CA) 1978 12 – GOV (House – Report) – Life Insurance Marketing and Cost Disclosure Report Together with Dissenting Views, John Moss (D-CA) — [BonkNote] [PDF-106p-GooglePlay] 1978 0807, 0814 and 0815 – GOV (House) -…
Read More1979 0710 and 1017 – GOV (Senate) – FTC Study of Life Insurance Cost Disclosure – Howard Cannon (D-NV)
1979 0710 and 1017 – GOV (Senate) – FTC Study of Life Insurance Cost Disclosure 1979 0710 and 1017 – GOV (Senate) – FTC Study of Life Insurance Cost Disclosure, Howard Cannon (D-NV) — [BonkNote] ACLI – John H. Filer, Chairman of the Board, AETNA Life & Casualty (p130-) – 1980 0130 – Letter -…
Read More1991-1992 – SOA – Final Report of the Task Force for Research on Life Insurance Sales Illustrations – Society of Actuaries – 142p
1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries – 142p 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries — [BonkNote] — 142p Appendix II – Illustration Examples *Opinions expressed herein are…
Read MoreSales of Insurance Companies / Blocks of Business
Sales of Insurance Companies / Blocks of Business National Financial of Waco was attracted to the $63.8 million block of policies that included the Eplands’ because Texas regulations allowed the company to reduce the reserves needed to cover claims arising from those policies by $18 million, a stroke of accounting magic that created more than…
Read More72t – Substantially Equal Periodic Payments – IRC – Internal Revenue Code
72t – Substantially Equal Periodic Payments – IRC – Internal Revenue Code 2007 0910 – FINRA – Remarks at the SEC Seniors Summit, Mary L. Schapiro, Chief Executive Officer – [link] The second new sweep targets deceptive early retirement seminars, often relying on IRS Regulation 72t, which permits early withdrawal from a retirement account without the…
Read MoreLife Insurance as IRA’s
Life Insurance as IRA’s (p19) – Senator Wayne ALLARD (R-CO). The other thing, when they came in and marketed, I assume they approached the soldiers pretty much as this was a savings mechanism, a financial investment. Was this in relation to IRA accounts or was it Keogh plans, or how were they structuring the sales…
Read MorePremium Financing
Financed Premiums 2011 0629 – Forbes – Wild Pitch, by Deborah L. Jacobs – [link] Merill Lynch, Pacific Life, Minnesota Mutual [Lawsuits] 2024 0418 – The Granddaddy of All Premium Finance Litigation, by Larry J. Rybka, Chairman and CEO at Valmark Financial Group – [link] Stephen C. Baker recently posted about a mega premium finance case…
Read MoreMilitary Sales Working Group – (EX) – NAIC
Military Sales Working Group – (EX) – NAIC Military Sales Working Group – (EX) – NAIC Military 2005-3, NAIC Proceedings – (2005 0922) – Life Insurance and Annuities (A) Committee (p115) – Commissioner Voss said an issue has come up to the Market Analysis (D) Working Group about some products being offered that are a…
Read More2007 0329 – Report – NAIC to Congress – Life Insurance Sales to Members of the Armed Forces Report to Congress – 50p
2007 1129 – NAIC to Congress – Life Insurance Sales to Members of the Armed Forces Report to Congress – 50p 2007 0329 – NAIC to Congress – Life Insurance Sales to Members of the Armed Forces – Report to Congress – 50p 2007 0928 – NAIC to Congress – Life Insurance Sales to Members…
Read More2005 – GAO – Financial Product Sales: Actions Needed to Better Protect Military Members – 88p
2005 – GAO – Financial Product Sales: Actions Needed to Better Protect Military Members – 88p 2005 – GAO – Financial Product Sales: Actions Needed to Better Protect Military Members, gao-06-23 — [BonkNote] — 88p — [link] Richard J. Hillman – Managing Director, Financial Markets and Community Investment (p23) – In addition to efforts by insurance regulators, law…
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