NAIC-Model Laws,

65 or older 2022 0304 (Date Filed) – LC – Williams v. National Western Life Insurance – Opinion on Transfer, Appeals Court – 52p (p7) – 5 Section 785, subdivision (a) provides: “All insurers, brokers, agents, and others engaged in the transaction of insurance owe a prospective insured who is 65 years of age or older, a…

ULMR – Universal Life Insurance Model Regulation – (MDL-585) – NAIC ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC ULMR – Universal Life Insurance Model Regulation – MDL-585 -NAIC – 22p ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC – Citations ULMR – Universal Life Insurance Model Regulation – MDL-585 –…

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…

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. — …

Valuation and Non-forfeiture Nonforfeiture Second Standard Nonforfeiture Law – NAIC Standard Non-Forfeiture Law – SNFL Valuation Standard Valuation Law – SVL Valuation Actuary 1987 – SOA – Valuation Actuary Handbook – VAH 1987 – SOA – Valuation Actuary Handbook – VAH871 – Chapter 1 – Insurance Company Statutory Valuation, Society of Actuaries – 34p Valuation…

ULMR – Universal Life Model Regulation – MDL-585 – NAIC – Snippets PAGE 1 Drafting Note: It is the position of the drafters of this regulation that universal life insurance is simply another competing type of life insurance which should be treated, to the extent possible, in the same regulatory manner as other life insurance…

Life Insurance Illustrations Model Regulation – 582 – NAIC 1994, PROBLEMS AND SOLUTIONS FOR PRODUCT ILLUSTRATIONS “ GEORGE COLEMAN: The engine for the current effort at the NAIC, which I was involved in from the start or almost from the start, were hearings conducted by Senator Metzenbaum in the fall of 1992.” https://www.soa.org/globalassets/assets/library/proceedings/record-of-the-society-of-actuaries/1990-99/1994/january/rsa94v20n229.pdf 1996, Professional…

SVL – Standard Valuation Law 820-standard-valuation-law II. Proposed Changes in the Standard Valuation Law Draft of November 20, 1972 1973-1, NAIC PROCEEDINGS lt may be of interest to convey some of the highlights, – – – excerpts of these communications follow: We could accept the judgment of many, but not all, financial experts that we…

Regulation XXX – NAIC 2001 02 – Report – AAA – XXX Practice Note – NAIC Model Regulation XXX, American Academy of Actuaries – 17p 2001 – SOA – Regulation XXX: A Comprehensive Overview, Society of Actuaries – 25p 2006 – AP – Regulation XXX Spurs Insurance Securitization, by Stephen Rooney – <WishList-HeinOnline> The valuation actuary…

LIBG – Life Insurance Buyer’s Guide – 2

65 or older

ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC

MCAS – Market Conduct Annual Statement – NAIC

NAIC – Illustration Model Regulation – Comments

Valuation and Nonforfeiture

ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC – Snippets

Life Insurance Illustrations Model Regulation (LIIMR) – NAIC

SVL – Standard Valuation Law

Regulation XXX – NAIC