Archive for May 2023
ACLI – TRG – Technical Resource Goup, Industry – Illustrations – NAIC
ACLI – TRG – Technical Resource Goup – NAIC George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC (Industry Advisory Group – Illustrations) 1990s – LDWG -Life Disclosure Working Group – (A) – NAIC I think you really have to make sure that people understand volatility, whether you solve for a policy blowing up…
Read MoreComplex Products
Complex Products More complex products sold to individual consumers (e.g., universal life policies) tend to generate more market conduct problems than simple products (e.g., term life insurance). 2003 0701 – Report – For NCOIL – The Path to Reform – The Evolution of Market Conduct Surveillance Regulation, by PricewaterhouseCoopers and Georgia State University – 117p…
Read MoreOptions – Life Insurance Policy
Options – Life Insurance Policy Michael Lovendusky, ACLI …said the ACLI work group thinks that most confusion for consumers involves complex products like universal life, and not Simple products like term life. He said consumers are mostly confused about options, guarantees and riders. The ACLI work group was considering asking the life insurance and Annuities…
Read MoreProject – Academic Textbooks
Project – Academic Textbooks Friendly Societies and Fraternal Orders: A History of the Legislation, Supervision, Mortality Experience, Management, Reforms, Rates of Assessment and Present and Past Financial Condition of the English Friendly Societies : with Special Reference to the Application of Their Experience to the Needed Changes in the Plans of American Fraternal Beneficiary Orders…
Read MoreProject – Life Insurance Buyer’s Guide (LIBG) – Universal Life – 198x v 199x
Project – Life Insurance Buyer’s Guide (LIBG) – Universal Life – 198x v 199x NAIC – LIBG – Life Insurance Buyer’s Guides – Comparison Chart One kind of flexible premium Policy, often called universal life, lets you vary your premium payments every year and even skip a payment if you wish. The premiums you pay (less…
Read MoreProject – Plan of Insurance
Project – Plan of Insurance 2019 0903 – 2019-3, NAIC Life Insurance Illustration Issues (A) Working Group (LIIIWG) – Conference Call – Plan of Insurance Michael Lovendusky, ACLI … said assisting consumers to compare products is outside the scope of the Working Group’s charge, and it would limit innovation and harm consumers. Birny Birnbaum, CEJ…
Read More2013 0905 – LC – Johnston & Johnston v. Conseco – 5th Circuit Court of Appeals – 13-30010 – Oral Argument – mp3
2013 0905 – LC – Johnston & Johnston v Conseco – 5th Circuit Court of Appeals – 13-30010 – Oral Argument – mp3 – LC – Johnston & Johnston v. Conseco — [BonkNote] 2013 0905 – LC – Johnston & Johnston v Conseco – 5th Circuit Court of Appeals – 13-30010 – Oral Argument – mp3 — [BonkNote]…
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