Market Analysis NAIC – A Reinforced Commitment: Insurance Regulatory Modernization Action Plan 2006 (updated) – NAIC – A Reinforced Commitment: Insurance Regulatory Modernization Action Plan – 20p 2003 1105 – GOV (House) – Reforming Insurance Regulation: Making the Marketplace More Competitive for Consumers, Richard H. Baker (R-LA) [PDF-200p, VIDEO-?]  NAIC – Mike Pickens (AL – Insurance…

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MCAS – Market Conduct Annual Statement – NAIC Market Conduct Annual Statement Life & Annuities Data Call & Definitions Cash Value Product – A life insurance policy that generates a cash value element. Term life policies with cash value are considered cash value products. Lawsuits Closed During the Period with Consideration for the Consumer—A lawsuit…

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Universal Life – Marketing Richard F. Fisher sums up his viewpoint thus : Universal Life is marketed as a tax-free money market fund, or other short-term investment vehicle, with term insurance available to be purchased from the fund. Current high short-term yields are illustrated for very long periods of years. Continuance of the term piece…

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NAIC – Market Conduct The NAIC Examination (A6) Subcommittee, in 1974, recommended the establishment of a “separate and distinct” program of surveillance to ensure fair treatment of policyholders. Thus was “market conduct” born. The term “market conduct” has, however, fallen upon bad times.  1991-2A, NAIC Proceedings G. Criteria for Collaboration The following questions are designed…

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Market Market – Index NAIC Market regulation handbook – combines information from the Market Conduct Examiners Handbook and the Market Analysis Handbook 

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Agent – Company 2021 0809 – Amicus Brief – PIABA – Public Investors Advocate Bar Association – 8p 2022 0718 – Amicus – PIABA – Public Investors Advocate Bar Association – in Opposition to Request for Depublication of Williams v. Nat’l Western Life Ins. Co – 4p 2021 0809 – Amicus Brief – PIABA -…

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Target Market I have a comment which you can respond to if you wish. Universal Life might well be a more appropriate product than Adjustable Life for the very sophisticated, very high premium, as you mentioned, product or sale. However, I think that there is a major segment out there where Universal Life Just would…

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Market Moving Information Change no Damage??  I have heard that the designation process is not transparent, and I am all for increased transparency, but I assume the Council must balance transparency against disclosing confidential or potentially market-moving information. (p37/2:08) —  Senator Elizabeth Warren (D-MA) 2015 0325 – GOV (Senate-Banking) – FSOC Accountability: Nonbank Designations -…

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MRCAC – Market Regulation and Consumer Affairs Committee – D – NAIC 2020 1208 – MRCAC – Market Regulation and Consumer Affairs (D) Committee – 15p 2021 0413 – MRCAC – Market Regulation and Consumer Affairs (D) Committee – Virtual – 2021 Spring National Meeting – 61p Birny Birnbaum (Center for Economic Justice—CEJ) stated that…

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Market Conduct Regulation vs Solvency Regulation Solvency Market Conduct (p12) – Daniel Schwarcz (Associate Professor, University of Minnesota Law School: So, notably, you will see that my testimony was focused on different issues than many of the other witnesses, and that is because it is true that solvency regulation is in many ways the core…

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