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This profile was automatically generated using 11 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 11 references found on the Internet. This information has not been verified. Learn more...
View all 11 references Web References
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1. Groups hope Calif. law goes national=The Hill.com=
www.hillnews.com/news/091003/s - [Cached]Published on: 9/10/2003 Last Visited: 9/13/2003
FCRA has "made the U.S. the easiest place in the world to get credit," said Allen Caskie, the chief counsel for federal relations at the American Council of Life Insurers.
Affiliated businesses must be able to share information with one another to operate effectively, he said, adding that a single contract such as a life insurance policy might involve several different branches of one corporation.
If a customer opts out of these affiliated transactions, "then we would have to say, ‘Sorry, we can't do business with you,'" Caskie said of the restrictions on affiliate sharing. -
2. SouthernUtah.com - A Strange Letter From Your Bank?
www.southernutah.com/Articles/ - [Cached]Published on: 7/13/2001 Last Visited: 8/3/2007
"These mailings also provide consumers a new opportunity to exercise control over their personal information," says privacy expert Allen Caskie of the American Council of Life Insurers (ACLI). "A consumer uncomfortable with their financial institution's privacy policy should take their business to one more in line with their thinking on information sharing." Responsible information sharing has its rewards, which the mailings will help highlight. They include low-cost benefits, products and conveniences.
"Have you ever wondered, for example, how you can get money from the ATM of a bank that is not yours?" asks Caskie.
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In all, it is the consumer in the driver's seat," concludes Caskie. -
3. The Commercial Connection
www.gmaccmconnect.com/NewsArti - [Cached]Published on: 7/1/2002 Last Visited: 8/11/2005
Recently, Commercial Connection interviewed Allen Caskie, Senior Counsel at the American Council of Life Insurers, to obtain his thoughts on the terrorism insurance crisis. (The interview has been edited for length and clarity.)
Commercial Connection: What are the ramifications of the terrorism insurance crisis, as it affects the CRE industry?
Allen Caskie: If terrorism insurance is not available in the reinsurance market, it's going to have a broad series of effects on the economy.
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Caskie: I think the bill would have passed last year without any trouble except that, on the House side, when it came through, the Administration asked that a lot of litigation reform language be added to it. They went so far as to limit attorneys' fees, joint several liability was eliminated ... CC: In your best guess, what do you think will happen with the legislation?
Caskie: The Republicans had made an offer to the Democrats making several changes in the previous draft, which the Democrats have now rejected. Their offer included some give on punitive damages and a change in the trigger for federal assistance. I have heard that Senator [Tom] Daschle intends to make a counter offer very soon which may break the log jam. Despite all that, it is still likely that the real bill will be written during conference as the House and Senate versions will be very different bills.
CC: Some people in the commercial real estate industry believe that legislation will be delayed and that the industry itself will have to solve the problem ... Caskie: There are already some adjustments taking place.
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Caskie: We just want to make sure that the vehicle dealing with property casualty backstop coverage that goes through the Senate includes a provision for a study, by a joint government-business [organization], of what would need to be done in the life insurance industry if there were a catastrophic event that took thousands of lives.

