Archive for January 2020
Government (Fed) – AV
Government (Federal) – {Audio} {Video} 1985, JULY 19 – Impact of Tax Reform on Insurance Industry 1985 – Life Insurance – Inside Buildup – Schweicker – Schulze 1985 – Impact of Tax Reform on Insurance Industry. Richard Schweiker. “How many times…”
Read MoreNAIC – Model Laws and Regulations
NAIC – Model Laws and Regulations (p32) – Scott Gilliam – Assistant Vice President and Government Relations Officer, The Cincinnati Insurance Companies – Be careful what you ask for when you ask for a Federal insurance code. But I will say that the idea is somewhat intriguing since it would reserve the ultimate regulatory authority…
Read MorePBR – Principles Based Reserves
PBR – Principles-Based Reserves 2007 – SOA -Treading into the Thicket: Federal Income Tax Implications of Principles Based Reserves, by Christian DesRochers and Douglas N. Hertz, Society of Actuaries – 86p 2016-1 – NAIC – Implementing Principle-Based Reserves for Life Insurers: A Discussion Paper – 27p March 28, 2016, New York Life, NAIC Proceedings –…
Read MoreAccreditation
Accreditation When we had the problems in the early 1980s and mid-1980s, one of the systems we came up with was on the financial side, and we came up with an accreditation system. And by virtue of that accreditation system, for instance, now we defer to the domiciliary state in terms of the solvency regime…
Read MoreReadability / Plain Language / Flesch
Readability / Plain Language / Flesch By readability, I do not mean the use of two syllable words, three word sentences and a high score on the Flesch test. What I mean is the ability to communicate what you are, in fact, offering in your contracts and the words the agent uses to explain the…
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