May 2020 – Page 8 – [BonkNote]

Academics Academic Fields Academic Papers Academic Papers – Snippets Scholars – Academic, Insurance, Legal Collaboration soa.org/globalassets/assets/library/newsletters/the-actuary/1979/february/act-1979-vol13-iss02-moorhead.pdf In addition to our education system, the body of actuarial knowledge itself needs the nutrition that the academic world can supply. Academics look at problems differently than those of us in the practical world, and that difference in perspective…

Media Media – Index Press Press Releases Court Video Network – cvn.com/ 1978 0406 – NYT – $1.9 Million Payment Ordered in Libel Case – [link] A judge has ordered The Twin Falls Times News to pay $1.9 million in libel damages after it refused to disclose its sources for articles that an insurance company said ruined…

Behavioral Economics Agent Based Modeling Behavioral Simulations policyholder behaviors Prospect Theory Daniel Kahneman Thinking Fast and Slow Cass Sunstein Nudge 2012 – AP – Prospect Theory Life Insurance and Annuities, by Daniel Gottlieb – 54p 2014 – SOA – Modeling of Policyholder Behavior for Life Insurance and Annuity Products: A Survey and Literature Review, Society of…

Operations Research 1957 – SOA – Operations Research, Society of Actuaries – 5p 1980 – AP – Models in Insurance Paradigms Puzzles, Communications and Revolutions – Operations Research, William S. Jewell – 128p 1988 – SOA – Applications of Operations-Research Technique in Insurance, Arnold F. Shapiro, Society of Actuaries – 16p 1995 – SOA -…

Actuarial Science Wisconsin Center of Actuarial Excellence https://instruction.bus.wisc.edu/jfrees/UWCAELearn/Lists/MLC%20Problems/AllItems.aspx Learning Objective: Universal Life https://instruction.bus.wisc.edu/jfrees/UWCAELearn/Exam%20Problems%20and%20Solutions/ExamMLCProblems/ProbMLC297_ED/ProbMLC297_ED.html

Computer Sciences 1996 0721 – AP – Early Interactions between the Life Insurance and Computer Industries: The Prudential’s Edmund Berkeley and The Society of Actuaries Committee, 1946-1952, JoAnne Yates, MIT Sloan School of Management Structuring the Information Age, Life Insurance and Technology in the Twentieth Century, 2009, JoAnne Yates, 364p https://eh.net/book_reviews/structuring-the-information-age-life-insurance-and-technology-in-the-twentieth-century/

Government Federal Government Government Hearings States regulations.gov federalregister.gov Notice of Proposed Rulemaking Congressional Budget Office – cbo.gov Monthly Catalog of United States Government Publications Cumulative Index 1991 – Vol. III Government StructureGovernment – SnippetsGovernment (Fed) – AVSystemic Risk – Government HearingsUniversal Life – Federal GovernmentSB-Congress Video clips – todoConsolidated Appropriations Act 2021 Treasury Bureaus FIO…

Commissions “compensation patterns and product design” “Special Compensation” – “incidental advice” Renumeration levelized commission program We designed commission rules that anticipated a relatively large number of rollovers of existing policies;. ..full commissions are paid provided the new Universal Life face amount is at least two times the face amount of the replaced policy. — Phillip B. Norton, not…