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Thomas Leonardi
Thomas Benedict Leonardi (born February 19, 1954), is United States business executive in the insurance and financial services fields, who has worked in the public and private sectors. His career includes decades as the head of investment banking and venture capital firms specializing in insurance, and he also has a background as a regulator and government adviser. From February 2011 to December 2014 he was the Insurance Commissioner of the state of Connecticut, during which time he instituted reforms and consumer protections, led the state through the implementation of the Affordable Care Act, increased the presence of insurance businesses in the state, and served on several national and international insurance advisory bodies. Following his tenure as insurance commissioner, he returned to the private sector. From November 2017 until May 2020 he was executive vice president of government affairs, public policy, and communications at AIG. In February 2021 he joined the board of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brooklyn, New York
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State . Retrieved September 18, 2016. with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Education
Consumer education is the preparation of an individual to be capable of making informed decisions when it comes to purchasing products in a consumer culture. It generally covers various consumer goods and services, prices, what the consumer can expect, standard trade practices, etc. While consumer education can help consumers to make more informed decisions, some researchers have found that its effects can drop off over time, suggesting the need for continual education. New dimensions of consumer education are also beginning to emerge as people become more aware of the need for ethical consumerism and sustainable consumer behaviour in our increasingly globalized society. Background Consumer education is an education that can be found in several areas of study in the formal school curriculum and incorporated knowledge from many disciplines, including: Economics, Game theory, Information theory, Law, Mathematics, and Psychology. The goal of teaching the subject is to help people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Obama
Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the United States. He previously served as a U.S. senator from Illinois from 2005 to 2008 and as an Illinois state senator from 1997 to 2004, and previously worked as a civil rights lawyer before entering politics. Obama was born in Honolulu, Hawaii. After graduating from Columbia University in 1983, he worked as a community organizer in Chicago. In 1988, he enrolled in Harvard Law School, where he was the first black president of the '' Harvard Law Review''. After graduating, he became a civil rights attorney and an academic, teaching constitutional law at the University of Chicago Law School from 1992 to 2004. Turning to elective politics, he represented the 13th district in the Illinois Senate from 1997 until 2004, when he ran for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Haven Register
The ''New Haven Register'' is a daily newspaper published in New Haven, Connecticut. It is owned by Hearst Communications. The Register's main office is located at 100 Gando Drive in New Haven. The ''Register'' was established about 1812 and is one of the oldest continuously published newspapers in the U.S. In the early 20th century it was bought by John Day Jackson. The Jackson family owned the ''Register,'' published weekday evenings and Saturday and Sunday mornings, and ''The Journal-Courier'', a morning weekday paper, until they were combined in 1987 into a seven-day morning ''Register.'' The Register covers 19 towns and cities within New Haven and Middlesex counties, including New Haven. The newspaper also had one reporter in Hartford, the state capital, who covered state politics, but as of March 2008 removed that reporter, leaving New Haven's major daily without day-to-day coverage of state offices and the General Assembly. In order to fill that void, the paper signed a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solvency II
Solvency II Directive 20092009/138/EC is a Directive in European Union law that codifies and harmonises the EU insurance regulation. Primarily this concerns the amount of capital that EU insurance companies must hold to reduce the risk of insolvency. Following an EU Parliament vote on the Omnibus II Directive on 11 March 2014, Solvency II came into effect on 1 January 2016. This date had been previously pushed back many times. Aims EU insurance legislation aims to unify a single EU insurance market and enhance consumer protection. The third-generation Insurance Directives established an "EU passport" (single licence) for insurers to operate in all member states if they fulfilled EU conditions. Many member states concluded the EU minima were not enough, and took up their own reforms, which still led to differing regulations, hampering the goal of a single market. Political implications of Solvency II A number of the large Life Insurers in the UK are unhappy with the way the leg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Stability Board
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements, the board is based in Basel, Switzerland, and is established as a not-for-profit association under Swiss law. The FSB represented the G20 leaders' first major international institutional innovation. U.S. Treasury Secretary Tim Geithner has described it as "in effect, a fourth pillar" of the architecture of global economic governance. The FSB has been assigned a number of important tasks, working alongside the International Monetary Fund, World Bank, and the World Trade Organization. Unlike most multilateral financial institutions, the FSB lacks a legal form and any formal power, given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Systemic Risk
In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to the risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system.Banking and currency crises and systemic risk George G. Kaufman (World Bank), It can be defined as "financial ''system'' instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or conditions in financial intermediaries". It refers to the risks imposed by ''interlinkage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Association Of Insurance Supervisors
The International Association of Insurance Supervisors (IAIS) is a voluntary membership organization of insurance supervisors from over 190 jurisdictions, constituting 97% of the world's insurance premiums. It is the international standards-setting body for the insurance sector. The IAIS was established in 1994 and operates as a ''verein'', a type of non-profit organisation under Swiss Civil Law. The IAIS' mission is to promote effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders and to contribute to the maintenance of global financial stability. Structure The IAIS' activities are supported by its secretariat and headed by a secretary general. The IAIS is hosted by the Bank for International Settlements (BIS). The IAIS works in partnership with BIS-hosted committees such as the Basel Committee on Banking Supervision (BCBS) and thCommittee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tropical Storm Irene
The name Irene was used for thirteen cyclones worldwide: 12 tropical and one extratropical. Of the tropical cyclones named Irene, seven were in the Atlantic, two were in the South Pacific, and the Western Pacific, South-West Indian Ocean and Australian region basins had one each. The sole extratropical cyclone named Irene was a European windstorm in 2018. In the Atlantic: * Tropical Storm Irene (1953) – off-season tropical storm which never made landfall * Tropical Storm Irene (1959) – minimal tropical storm that came ashore in Florida * Hurricane Irene (1971) – struck Nicaragua as a Category 1 hurricane which passed into the Pacific and was renamed Olivia * Hurricane Irene (1981) – strong Category 3 hurricane that struck land only as an extratropical cyclone. *Hurricane Irene (1999) Hurricane Irene produced somewhat heavy damage across southern Florida in October 1999. The ninth named storm and the sixth hurricane of the season, Irene developed in the western Cari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hurricane Sandy
Hurricane Sandy (unofficially referred to as ''Superstorm Sandy'') was an extremely destructive and strong Atlantic hurricane, as well as the largest Atlantic hurricane on record as measured by diameter, with tropical-storm-force winds spanning . The storm inflicted nearly $70 billion (2012 USD) in damage and killed 233 people across eight countries from the Caribbean to Canada. The eighteenth Tropical cyclone naming, named storm, tenth Atlantic hurricane, hurricane, and second major hurricane of the 2012 Atlantic hurricane season, Sandy was a List of Category 3 Atlantic hurricanes, Category 3 storm at its peak intensity when it made landfall in Cuba, though most of the damage it caused was after it became a Category 1-equivalent extratropical cyclone off the coast of the Northeastern United States. Sandy developed from a tropical wave in the western Caribbean Sea on October 22, quickly strengthened, and was upgraded to Tropical Storm Sandy six hours later. Sandy moved s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
