1970s – Actuarial – Snippets The consumerists are having a fine time these days with the life insurance industry about which it seems there is nothing favorable to be said. A distinguished member of the Senate* is agitating for a “truth in life insurance” law and this provoked the following comment from one newspaper: “Probably…

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Actuarial – Snippets – 1950s The approach in this paper is to follow the precept of the proverb “Better one picture than ten thousand words!” — by an actuarial proverb– “Better one ratio than ten thousand words!” —  Arthur Pedoe 1952 – SOA – The Trend of Life Insurance Company Expenses, Society of Actuaries -…

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2010s – NAIC – Insurance Commissioners – Snippets Writing in our pages in February, former New York Insurance Superintendent Eric Dinallo said that “policyholders would have been protected” in the event of an AIG bankruptcy. That seemed clear enough, but then Mr. Dinallo immediately added that an AIG bankruptcy “would have been bad for those…

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2000s – NAIC – Insurance Regulators – Snippets (p81) – Thomas Foley said the working group had been charged to make amendments to the Life Insurance Disclosure Model Regulation – (Attachment Three-A) to be consistent with the Life Insurance Illustrations Model Regulation adopted in 1995. (p83) – Thomas Foley said that for a variable product,…

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Project – NAIC – Information Gathering LIBG Examples 2016 1211 – 2016-3v1, NAIC Proceedings – LIAC – LIBG- d. Life Insurance Buyer’s Guide (A) Working Group – Ms. Mealer … said the Working Group, interested regulators and interested parties were asked to submit via email to NAIC staff any examples of life insurance guides. (p6-4)

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AEA – American Economic Association aeaweb.org/ 1942 09 – AEA – The American Economic Review, VOL. XXXII, NO. 3, PART 2 SUPPLEMENT SEPTEMBER, 1942, Directory of the American Economic Association, Edited by the Secretary – 211p BAGLEY, Eleanor Sauer E Life insurance problems BETHKE, William E Insurance field management CROBAUGH, Clyde Julian C Trends and comparisons…

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1990s – NAIC – Insurance Regulators – Snippets 1991 0717 – NAIC Testimony – Terence Lennon, New York Department of Insurance – 17p (p4) – Individual Products The most important feature of the new individual products was the unbundling or separation of the fund accumulation from the mortality function. In this way the consumer could be shown his…

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Patents Life insurance policy evaluation method –  patents.google.com/patent/US7698158B1/en Patent – 34p Inventor – Barry D. Flagg Current Assignee TheInsuranceAdvisor Technologies Inc Non-Patent Citations (6) Title Joseph W. Maczuga, Crossover with Low Loads, www.Financial-Planning.com, Financial Planning, May 2001. Keating, Peter, “Your Money or Your Life (insurance),” Apr. 1999, Money, vol. 28, No. 4, pp. 156-160. * Kenneth Black, Jr.…

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Mary Rowland Mary Rowland – NYT – New York Times 1994 – Series of 3 Article on Life Insurance Sales, Illustrations, etc – Your Own Account, Feb. 27, March 6 and March 13 1994 0403 – Response from Ray Brown – partner in the Browne Company, an insurance firm in Philadelphia and Washington, and a former…

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