Proceedings
2019 0917 – LIIIWG – NAIC – Life Insurance Illustrations Issues Working Group – Proceedings (Fall, 6-77) – Cost of Insurance
2019 0917 – NAIC – LIIIWG – Life Insurance Illustrations Issues Working Group – Proceedings (Fall, 6-77) – Cost of Insurance 2019 0917 – NAIC – LIIIWG – Life Insurance Illustrations Issues Working Group – Proceedings (Fall, 6-77) – Cost of Insurance (COI) — [BonkNote] (A) – NAIC Proceedings (B) – [Bonk: Not in NAIC…
Read More1940-0, NAIC Proceedings
1940-0, NAIC Proceedings Special Committees-Liquidation and Reorganization Special SEC Committee (Mr. Gontrum then read his prepared address, which follows) I have chosen as my subject “Insurance Advisors” rather than “Insurance Counselors” because I wished to include in the scope of this paper the three main classes of individuals and organizations that undertake to give advice…
Read More1995-1, NAIC Proceedings
1995-1 ATTACHMENT ONE-A NAIC CONSUMER INFORMATION RESEARCH PROJECT March 13, 1995 It would be most useful if the updated illustration was designed to fit the needs of the policy owner. The insurer won’t have this information. 1995-1, NAIC Proceedings
Read More1983-4, NAIC Proceedings
1983-4 In addition, a revised Buyer’s Guide has been developed and is proposed for adoption as part of the new model regulation. The revised draft includes annotations indicating the source and background of the changes being proposed to the current model regulation. This proposal would incorporate the following new features into the model regulation: 2.…
Read More1980s -ACLI – NAIC Proceedings
1980s – ACLI – NAIC Proceedings NAIC Proceedings – ACLI – Universal Life LIFE , ACCIDENT AND HEALTH (C) COMMITTEE; Life Insurance (C3) Subcommittee, 1980-1, NAIC Proc. The American Council of Life Insurance also has a special Task Force on Valuation and Nonforfeiture Regulation for New Products, which is studying minimum reserves and nonforfeiture value…
Read More1984-2, NAIC Proceedings
1984-2 (p71) – Turning to the solvency concerns, she <Sandra Jaffee, Citicorp> stated that no industry is completely protected from risk of insolvency. She conceded that banks have lent large amounts to underdeveloped countries and did acknowledge the existence of the Continental Illinois incident. On the other hand, she noted, the Baldwin-United situation and the…
Read More1933-0, NAIC Proceedings
1933 – 1 Volume only Further Resolved, That inasmuch as a number of worthy industrial and commercial corporations are in emergency receivership and a number of corporate bonds are in default as to interest and/or principal by reason of lack of liquidity rather than by reason of lack of underlying value, stocks of corporations in…
Read More2000-1, NAIC Proceedings
2000-1 (p117) – ATTACHMENT FIVE – Suitability of Sales of Life Insurance and Annuities – Draft March 15, 2000 Separate Accounts Working Group – Chicago, Illinois – March 13, 2000 (p77) – Ron Panneton (National Association of Insurance and Financial Advisors—NAIFA) said this discussion reminded him of a similar discussion the Life Disclosure Working Group…
Read More1994-1, NAIC Proceedings
1994-1 Adopted the report of the Life Disclosure Working Group, which decided that the appropriate illustration should show only policy guarantees and past performance compared to a common index. Mr. Coleman said he was very disappointed with the plan announced. He was critical of the proposal that the future performance could be demonstrated by the…
Read More1993-2, NAIC Proceedings
1993-2 Finally, I want to offer a comment on recent action taken by the NAIC that I think has served to provide some confusion, if you will, to regulators, regulated industries and consumer participants. That has to do with our decision to abolish formal advisory committees. I think we recognize the need to refine our…
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