Archive for April 2023

Project – NAIC – Snippets – 2023 2023 – LIAC – NAIC –  my question Regulator Responses / Pic From NAIC Snippets 2014-2020 History NAIC, Legal Cases, SOA, Media 2023 0815 – LIAC – NAIC – 11p Birnbaum reiterated his longstanding concerns regarding illustrations. He said the Life Actuarial (A) Task Force proposed and the Life…

Project – NAIC – Snippets – 2020 2020 2020 01-? – NAIC – Retirement Security, Conference Call –  Brenda Cude / Karroll Kitt – Presentation We want you to know that Financial Education is important, but that many other groups are better situated to design deliver and evaluate education than NAIC is.   We think NAIC’s…

Project – NAIC – Snippets – 2019 2019 0310 – Letter – AXA Equitable, Brian R. Lessing, to NAIC (IULISG) – Indexed Universal Life Illustrations Subgroup – 2019-3, NAIC Proceedings – (p6-844) In considering the specific questions posed by the Subgroup, we found it helpful to take a step back, and to first consider two…

Project – NAIC – Snippets – 2018 2018 0103 – NAIC – LIBGWG, Life Insurance Buyer’s Guide Working Group – Letter – AAA / Academy of Actuaries – NGEWG  Re: Comments on for the “CEJ Expanded Outline” Exposure Draft – Ian Trepanier, the Academy’s life policy analyst Gabe Schiminovich … we would encourage you to…

Project – NAIC – Snippets – 2017 2017-1, NAIC Proceedings – 2017 0207 – LIBGWG, Life Insurance Buyer’s Guide Conference Call Ms. Neil expressed concern about some of the terminology in the ACLI guide, in particular the use of “cash value” to describe “permanent insurance,” but agreed there is likely some information that could inform…

Project – NAIC – Snippets – 2016 2016 0403, NAIC Proceedings (6-8), LIIIWG, Life Insurance Illustrations Working Group, Conference Call Mr. Schwartzer reminded the Working Group that the Life Insurance Illustration Issues (A) Working Group came out of concerns raised when the Indexed Universal Life (IUL) Illustrations (A) Subgroup under the Life Actuarial (A) Task Force was…

Project – NAIC – Snippets – 2015 2015 0329 – NAIC Proceedings – LIAC, Life Insurance and Annuities (A) Committee Appointed a New Working Group to Revise the Life Insurance Buyer’s Guide. Ms. Matthews said the Committee has a 2015 charge to review and consider revisions to the Life Insurance Buyer’s Guide (Buyer’s Guide) in…