2019 0528 – IULSG – IUL Illustration Subgroup – (A) – NAIC 1/ – Fred – LIAC – IUL Illustrations – concerns features may not be working as intended, Bonus and Multiplier features, Crediting Rate, AG49 Limitations, Cash Values, Target premiums.. is a desire to change…. 2019 04 meeting- Menu of Options, Comments from …,…

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2019 0312 – IULSG – IUL Illustration Subgroup – (A) – NAIC 2019 0312 – IULSG – IUL Illustration Subgroup – (A) – NAIC – 2019-1, NAIC Proceedings  —  [BonkNote] IUL Illustration (A) Subgroup March 12, 2019, Minutes (Attachment Fifty-Seven)(Attachment Fifty-Seven) ………. 6-835 Academy Comment Letter (Attachment Fifty-Seven-A) ………… 6-837 Sample Illustration (Attachment Fifty-Seven-B) ……..…

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2016 0517 – LIIIWG – NAIC Performance Assurity White Paper Assurity White Paper – in particular, the impact consumer payment patterns have on the performance of the product.  Mr. Wicka said the paper advocates for: 1) additional information to be provided to consumers regarding how the timing of their payments impacts the product; and 2) follow-up information to…

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2016 0403 – LIIIWG – NAIC   Performance Explanation Mr. Schwartzer 1. Discussed its Work Plan 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 working on guidance for…

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NAIC Conference Calls 2018 2018 0719 – LIAC – Mary Mealer – Adopted Life Insurance Buyer’s Guide 2018 0917 – LIOGWG (Canceled??) 2018 0921 – Consumer Information Subgroup 2018 0924 – LIIIWG. Notes? Call? 2018 0927- Life Actuarial Task Force (LATF) 2018 1009 – LIIIWG 2018 1010 – LIOGWG 2018 1024 – LIAC 2018 1109…

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LIIIWG – Snippets 2015 2015-1 2015-2 2015-3 3. (LIAC) Appointed a New Working Group to Address Life Insurance Policy Illustration Issues In response, she <Commissioner McPeak> said the Committee received comments from the American Academy of Actuaries (Academy), the American Council of Life Insurers (ACLI), the California Department of Insurance, the Massachusetts Mutual Life Insurance…

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LIIIWG – Life Insurance Illustration Issues Working Group – NAIC LIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – Index Birny Birnbaum – NAIC Consumer Representative, CEJ Brenda Cude – NAIC Consumer Representative, University of Georgia, Financial Planning, Housing and Consumer Economics Michael Lovendusky – ACLI Mary Mealer – Missouri  Emily Micale -…

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