Life Insurance Surplus Sparks Debate and Reforms
The article argues life insurers should avoid speculative elements and that surpluses built from policyholders’ premiums are excessive and should be returned. It cites Equitable Life, calls for annual distribution of surplus, and criticizes stockholder gains. It also covers Milwaukee bank defalcation lessons, safeguards against officers risking funds, and various unrelated notes.
MENTIONED IN THIS ARTICLE
Tegal Reserve
Equitable Life
Mers Justice
Milwaukee
Elec
Asilar
Bigelow
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