Sheryl Moore

  • Sheryl Moore – Walker v LSW
    • <WishList> - Expert Reports and Testimony of Defendant's Expert Sheryl Moore 
  • Mooremarketintelligence.com/
    • "You Deserve Moore - The Most Connected Person in the Insurance Biz"
  • winkintel.com/insurance-basics/life-insurance/
    • This permanent type of insurance provides lifetime coverage if performance warrants, as well as minimum guaranteed cash values and death benefits (like traditional Universal Life).
    • A consumer cannot lose their principal due to fluctuations in the market with this type of product.
  • 2014-1, NAIC Proc. - Mike Boerner, Chair of Life Actuarial Task Force, Texas Department of Insurance
  • 2014 0928 - Letter - Sheryl J. Moore to NAIC (LATF) - Moore Market Intelligence - RE: Actuarial Guideline on Illustrations for Indexed Life Insurance Policies - [link]
  • 2014-3, NAIC Proceedings - Moore Market Intelligence Letter (9-28-14) ................ 6-345
  • 2019 0312 - IULSG - IUL Illustration Subgroup - (A) - NAIC  ---  [BonkNote]
    • NAIC Proceedings
      • Sheryl Moore (Wink) said that while the discussion has focused on the range of returns, there are a number of other factors, such as leverage charges, that could result in internal policy costs  that are different from what is illustrated.
      • Ms. Moore said that because the bonuses and IRMs are not being considered, the loans do not adhere to the 1% spread requirement in AG 49.
    • [Bonk: Not in Proceedings]
      • Sheryl Moore
        • 3/ - Piggyback on Tom Taylor's comments. Non-guaranteed having insurance illustrations to increase. paying for higher returns. compounding the number of factors that can change form original illustration to inforce illustrations.  Agrees with Regalbuto - Fixed Life Insurance vs Security. many factors could change the illustration, not just interest rate. 
        • 3/ - Sheryl Moore - re: Regalbuto. loans.
          • Agents don't understand multipliers
          • "That's on you"
  • 2019 1114 - NAIC - IULSG - IUL Illustration (A) Subgroup, Conference Call
  • It is during this time that I became intimately familiar with the class action lawsuits that plagued nearly all sellers of interest-sensitive life insurance products that were marketed in the 1980's.
    • Although equally exposed to "vanishing premium" cases on the whole life side, it is the Universal Life (UL) purchasers that I spoke to most-frequently.
    • These were often elderly people, on fixed incomes, and recently uninsurable; individuals who had been shown UL illustrations at then-current rates of 12.00% at the UL policy's point-of-sale, but later had their inforce renewal rates dropped to the minimum guaranteed rates of 4.00%.
  • ⇒  I am certain that all interested parties in this matter can understand the grand disparity between projected and realized outcomes on these policies.

2014 0928 - Letter - Sheryl J. Moore to NAIC (LATF) - Moore Market Intelligence - RE: Actuarial Guideline on Illustrations for Indexed Life Insurance Policies - [link]

2014-1, NAIC Proc. -  Mike Boerner, Chair of Life Actuarial Task Force, Texas Department of Insurance

  • Sheryl Moore (Moore Market Intelligence) said she is concerned that some companies are increasing their insurance charges to subsidize their option budget.
    • She said she is also concerned that the practice of playing “bait-and-switch” with renewal rates is becoming more common among universal life products.

2014-3, NAIC Proceedings - Moore Market Intelligence Letter (9-28-14) ................ 6-345