Policies Policies – Index The … company is to determine for itself which of its plans are to be treated as term insurance and which as permanent. The original instructions gave as a suggested definition of term insurance “that it is any policy with a premium rate less than 90% of the no profits rate…

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Actuarial Actuarial – Index SOA – Society of Actuaries – Index actuarialjokes.com/ The Life Actuary – Publication Start – 2003 08 – 12p Actuaries can do lots of things. We can provide the field with a clear description of the policy and how it works. —  Bruce E. Booker,  (a member of the American Council of…

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Regulation Activities-Based Regulation Deregulation Federal Government Entity Regulation Functional Regulation Insurance Regulation by the Courts / Legal Cases Market Conduct NAIC (National Association of Insurance Commissioners) Solvency States State vs Federal Regulation Twin Peaks Regulation Worldview Equal to the need for financially sound insurance products is the need for socially responsive insurance companies. Consumers are…

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Law Law – Index Monitoring of litigation may alert regulators to issues that the regulatory system has not yet addressed. 2008-3, NAIC Procceedings Misstates the document Who would be the most knowledgeable person Insurance has historically been something of a Rodney Dangerfield of the law. If lawyers and teachers cannot embrace insurance as an appealing…

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