NAIC - Illustration Model Regulation - Comments
- Walker v LSW - Judge - Video
- NAIC Proc - 1990s - end of Working Group - Good Job
- One of the first things that a serious reader of the NAIC Life Insurance Illustrations Model Regulation will realize is that it is not a tightly written document.
-- Thomas L. Bakos (of the Guardian will speak as the appointed illustration actuary of a life insurance company)
1996 - SOA - Implementing the Illustration Regulation: The Clock Is Ticking, Society of Actuaries - 25p
- Commissioner Wilcox said that he admitted that the working group <Life Disclosure Working Group> had gotten a little sloppy on its terminology, but it had been clear all along that the working group was focusing on sales.
-- Robert E. Wilcox - Chairman of the Life Disclosure Working Group (NAIC)
1996-4V2, NAIC Proceedings
- I'm a member of the NAIC working group that developed this regulation and I am terribly disappointed.
- I have been interested in the illustration issue for probably 15 or 20 years, and some of you may know that when I became President of the SOA, the first thing I did was establish the task force that developed the report on sales illustrations.
- Tragically, what's come out of this process doesn't do the job.
-- Daphne D. Bartlett
1995 - SOA - Sales Illustrations, Society of Actuaries - 14p