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kscanlon

  1. New York Targets Moral Hazards of Life Settlements http://bit.ly/8Rt1tB
  2. Looking forward to the APIW luncheon today in NYC
  3. ALI-ABA ERISA: DOL's new regulation concerning provider contracts will result in enormous change for insurers
  4. Ann Cammack: policy questions involved in life settlements and cost of insurance adjustment
  5. Susan Nash:murky issue is whether single life settlement constitutes a security
  6. ALI-ABA- day two-panel discussing permissible marketing of variable annuities
  7. RT @USGovNews: [Treasury] Assistant Secretary Michael S. Barr Remarks to ALI-ABA Conference on Life Insurance Novemb.. http://bit.ly/2jwzOR
  8. ALI-ABA panel including Clifford Kirsch and Carl Wilkerson, discussing FINRA supervision of non-securities products and activities
  9. Michael Barr:“Too big to fail” must end—large firms improperly gained competitive advantage by apparent federal backing
  10. Rahn: industry seeks to preserve state insurance receivership and guaranty assocation systems,including where holding company also insurer
  11. Rahn: Enhanced Resolution Authority-power to unwind certain financial firms-expressly exempts ins.co. subsidaries but not ins. holding co.
  12. Stephen Rahn of Lincoln Life discusses Federal Insurance Office (FIO); ACLI wants FIO to be member of Financial Services Oversight Counsel.
  13. ALI-ABA-panel discussing insurance regulatory reform
  14. Pruitt: NAIC broker comp taskforce created in 9/09 to determine whether standard is appropriate
  15. Pruitt-NY AG:2008 focus on disclosure of producer comp and transperency culminated in several iterations of proposed regulations now pending
  16. Diane Marchesi: Aegon recognizes legitimacy of life settlements, opposes STOLI, industry effort to pass legislation extremely contentious
  17. Pruitt-26 states enacted life settlement reg., NY continues to be a challenge-NY legislature to take up life settlement bill next week.
  18. Pruitt:seniors involved in STOLI release financial and medical info to investors which may be sold and transferred without consent
  19. Pruitt: 200 litigation cases involving STOLI; efforts increase to detect STOLI
  20. Jana Lee Pruitt: STOLI jeopardizes favorable tax treatment for insurers if life insurance viewed only as investment