Archive for December 2019
Illustrations – Snippets
Illustrations – Snippets 1982-1, ACLI (American Council of Life Insurers) – NAIC Proceedings The American Council of Life Insurance (ACLI) presented a paper on cost disclosure for universal life products..,..Further, the policy summary should include a statement on the point at which the policy will expire based on the policy guarantees and the anticipated premiums shown in…
Read MoreFTC – Federal Trade Commission
FTC – Federal Trade Commission ftc.gov/ ftc.gov/legal-library Life Insurance MLM – Multi-Level Marketing / Pyramid Schemes Michael P. Lynch Michael Pertschuk Robert J. Mackay 1919 – FTC – Report – Protecting the Public by Informing the Investor Betterment of Life Insurance Service, Federal Trade Commission – 10p – FTC- FEDERAL TRADE COMMISSION DECISIONS FINDINGS, OPINIONS,…
Read MoreLIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – References / Documents
LIIIWG – Life Insurance Illustration Issues Working Group – NAIC – Documents 2015 2015 0311 – AAA to NAIC (LATF) – re IUL – 4p 2015 0811 – AAA to NAIC (IULWG) – Paper- 5p 2015 1120 – (LIAC) – Life Insurance and Annuities (A) Committee National Harbor, Maryland – (6-3) the Committee set a…
Read MoreUniversal Life Task Force – NAIC
Universal Life Task Force 1. In the Plenary Session, the Executive Committee report was adopted subiect to the following amendments to the report of the Life Insurance (A) Committee: The (A) Committee unanimously adopted the report and the recommendations of the Universal Life Insurance (AS) Task Force. 1983-1, NAIC Proc. 1983-4, NAIC Proc. (81) (A)…
Read MoreProduct Development Task Force – NAIC
Product Development Task Force – (A) – NAIC Consumer Disclosure Issues Working Group of the Product Development (A) Task Force – NAIC Focus Groups FIRST: 1989-4 NAIC Proc. 673 / LAST: 1991-4 NAIC Proc. 604 1988-2 NAIC Proc. – Name Changed – John Montgomery (CA) suggested a change in the name … Changed name from…
Read MoreLife Insurance Solicitation Model Regulation – NAIC
Life Insurance Disclosure / Solicitation Model Regulation 1970’s Life Insurance (C3) Subcommittee, 1975-2 NAIC Proc. Life Insurance (C3) Subcommittee, 1976-2 NAIC Proc. EXECUTIVE COMMITTEE RESUMED; Statement of the National Association of Insurance Commissioners, Submitted to the Senate Veterans Affairs Subcommittee on Housing and Insurance By Herbert W. Anderson,Insurance, 1978-4 NAIC Proc. EXECUTIVE COMMITTEE RESUMED; NAIC…
Read MoreLife Cost Disclosure Task Force – (A) – NAIC
Life Cost Disclosure Task Force – (A) – NAIC LIFE INSURANCE (A) COMMITTEE – (A) Task Force – Life Cost Disclosure (RECEIVED) 1. Received a summary of several possible amendments to the Life Insurance Solicitation Regulation and Buyer’s Guide. 2. Heard recommendations and reports from departments, consumer groups and industry concerning the regulation of universal…
Read MoreIULSG – Indexed Universal Life Illustrations Subgroup – (A) – NAIC
IULSG – IUL Illustration Subgroup – (A) – NAIC 2019 0312 – IULSG – IUL Illustration Subgroup – (A) – NAIC — [BonkNote] 17. Discussed the ACLI and Coalition Group Proposals for an Actuarial Guideline for IUL Illustrations Mr. Birdsall shared the results of the Kansas Insurance Department survey (Attachment Twenty-Five) on IUL policies Mr.…
Read MoreLIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – before start
LIIIWG – LIfe Insurance Illustration Issues Working Group – NAIC – Before Start 2015 – Summer June 4, 2015 – LIAC – Life Insurance and Annuities (A) Committee – Conference Call – (6-6) 2. Adopted AG 49 Mr. Boerner discussed the Life Actuarial (A) Task Force’s work over the past few months in developing concepts and…
Read MoreLIOGWG – Snippets – NAIC
Life Insurance Online Guide Working Group (LIOGWG) – Snippets
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