Obituaries SOA – Society of Actuaries – Obituaries 2015 Peter Katt  —  legacy.com///peter-katt 2021  David Babbel – legacy.com///david-babbel 2023 Raymond Dirks – [Equity Funding Scandal] – 2023 12 – NYT – Raymond Dirks, Whose Tipster Case Redefined Insider Trading, Dies at 89. In a far-reaching decision, the Supreme Court restored him from censured analyst to whistle-blower…

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Universal Life as Adjustable Life Adjustable Life Insurance 2021 – ACLI Fact Book – 234p Universal life insurance:  A type of permanent life insurance that allows the insured, after the initial payment, to pay premiums at various times and in varying amounts, subject to certain minimums and maximums. To increase the death benefit, the insurance…

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Smoothing In any case some smoothing of the crude results would be necessary, since the direct asset share would show discontinuities due, for example, to changes by duration in the level of renewal commissions which, if directly reflected in the dividend scale, would presumably be puzzling to the policyholder. 1959 – SOA – Some Observations…

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Financed Premiums 2011 0629 – Forbes – Wild Pitch, by Deborah L. Jacobs – [link] Merill Lynch, Pacific Life, Minnesota Mutual [Lawsuits] 2024 0418 – The Granddaddy of All Premium Finance Litigation, by Larry J. Rybka, Chairman and CEO at Valmark Financial Group – [link] Stephen C. Baker recently posted about a mega premium finance case…

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Policy Categories – Blurry ROLAND R. ROSE: Is your particular first-to-die product a universal life or a par whole life design? MICHAEL J. ROSCOE: Depending on who you talk to, it’s an interest-sensitive whole life or a fixed premium universal life, but it’s not a par whole life policy. 1991 – SOA – Product Update -…

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FPUL – Fixed Premium Universal Life Current Assumption Whole Life 2005 – SOA – Determining Guideline Premiums for Fixed-Premium Universal Life Insurance Contracts, by John T. Adney, Brian G. King and Craig R. Springfield – 6p 1988-2, NAIC Proceedings – (p411)  Date: May 16, 1988 To: Dave Becker From: Doug Doll Subject: Fixed Premium Universal Life In…

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NAIFA / NALU – NAIC 2021 0809 – NAIFA to NAIC (LIAC) – RE: Life Insurance Illustrations Issues (A) Working Group – 2p

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History of Bills – HOB govinfo.gov/help/hob#:~:text=What%20is%20the%20History%20of,has%20been%20published%20since%201873. 1987 – GOV – History of S. 706 – A Bill To Amend The Bank Holding Act And The National Bank Act To Clarify Limitations On Insurance Activities Of Banks, to the Committee on Banking, Housing, and Urban Affairs. By Mr. HEINZ (for himself and Mr. Dodd) – govinfo.gov/content/pkg/HOB-1987/html/HOB-1987.htm…

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RoughNotes 2021 1201 – RoughNotes – Every Thing Old is New Again: Insurance Sector Loading Up On High-Risk Bonds, by Kevin P. Hennosy – [link] In the spring of 2022, U.S. Senator … Sherrod Brown (D-Ohio) began asking important questions concerning the role of Private Equity Funds (PEFs) in the business of life insurance, including…

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Washington Charles D. Oliver Cease and Desist, Fine, Doug Andrew – Missed Opportunity Sales Concept – Washington State Blog – CFLID – Lawsuit  – LC – 13-0108 insurance.wa.gov/sites/default/files/documents/13-0108-order-terminating.pdf – LC – 14-0229 insurance.wa.gov/sites/default/files/documents/14-0229-notice-hearing.pdf Curtis Ray – Cease and Desist Rod Chandler – (R-WA) – House (1983-1993) David Rogers Chief Deputy, Office of the Insurance Commissioner…

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