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Search: Posts Made By: Indy Coug
Forum: Finances 09-17-2008, 04:22 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
The NAIC crafts model regulations which in turn...

The NAIC crafts model regulations which in turn are adopted by most states in some adapted form.

http://www.cato.org/pubs/regulation/reg14n2d.html
...
Forum: Finances 09-17-2008, 03:08 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
Translation: I have no clue what I'm talking...

Translation: I have no clue what I'm talking about and so as an act of desperation, I'm hoping that BYU71 will agree with me.
Forum: Finances 09-17-2008, 03:05 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
People don't lose their insurance coverage...

People don't lose their insurance coverage because the government, by statute, will step in; which I stated in my original post. The whole argument here is that pre-emptive action is less costly...
Forum: Finances 09-17-2008, 02:54 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
Stick to pop psychology, Mike.

Stick to pop psychology, Mike.
Forum: Finances 09-17-2008, 02:53 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
http://money.cnn.com/2008/09/16/news/companies/AIG...

http://money.cnn.com/2008/09/16/news/companies/AIG/index.htm?cnn=yes
Forum: Finances 09-17-2008, 02:41 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
Having worked for a company whose "regular...

Having worked for a company whose "regular insurance part" was healthy and went Chapter 11 anyway (Conseco), I'll file your response in the newly expanded "Ignorant Waters comments" warehouse.
Forum: Finances 09-17-2008, 01:40 AM
Replies: 32
Views: 10,797
Posted By Indy Coug
Here's the question: In the event of insurer...

Here's the question:

In the event of insurer insolvency (which is the path that AIG is on), the government is obligated to step in and take over the business. Is it better to step in before...
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