Bob MacDonald on Business

Sage Advice on Insurance and Financial Services from the Perennial Maverick

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Entries from July 27th, 2009

SEC 151a – Profile in Courage and Cowardice

July 27th, 2009 · 3 Comments · Blog, Business Management, Financial Services, Insurance Marketing

Unless you are still in mourning over the death of Michael Jackson, you are probably aware that the U.S. Court of Appeals in Washington, D.C. has ruled that the SEC failed to conduct an adequate analysis of the effects of the proposed 151a regulation that declares EIA annuities to be securities for the purpose of [...]

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WANTED: Top-notch CEO with a firm grasp of financial services, particularly insurance. Must possess proven record of aggressive turnaround skills to position old-line insurance icon for recovery and growth. Charming Connecticut setting, three-to-five -year commitment preferred. Salary to be determined by government committee.

July 20th, 2009 · No Comments · Blog, Business Ethics, Business Management, Financial Services, Insurance Marketing

Who wouldn’t covet such a job? Even the outgoing CEO gushed as he announced his resignation, “Now that the company’s on a sure footing, it’s time for me to move forward with my plans…It’s time to give somebody else a chance and a crack at this fabulous enterprise.”
OK, if being CEO of The Hartford is [...]

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Leadership Lessons Learned from the Health Care Debate

July 13th, 2009 · No Comments · Blog, Business Management, Financial Services

 This blog is not about the “health care reform” debate currently banging against the walls in Washington, but rather, from a personal and business leadership perspective, what can be learned from the debate. One thing that won’t be learned by tuning in to the congressional cacophony is how to provide and pay for effective health [...]

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