John Skar John R. Skar, Fidelity Mutual Society of Actuaries Task Force for Research on Life Insurance Sales Illustrations under the auspices of the Committee for Research on Social Concerns 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries – 142p Appendix II – Illustration Examples…

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Grove vs. Principal Mutual Life 1997 – LC – Grove vs. Principal Mut. Life Ins. Co. (Formerly Bankers Life) Case NO. 4-97-CV-70224 District Court – Southern District of Iowa 1992 – LC – Grove vs. Principal – Adjustable Life Insurance – Policy Data Page, Jerry Grove – 4p Not on Pacer.gov The Groves cannot establish that…

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Information Asymmetry 1970 – AP – The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism, by George Akerlof – 15p Thirty-one years ago, Mark S. Dorfman (1972) concluded that workable competition did not exist in the market for life insurance products because of industry marketing practices that tended to exacerbate the insurance consumer’s ignorance and…

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FRB – Federal Reserve Board – Minutes 2011 0308 – FRB – Meeting between Federal Reserve Board Staff and ACLI with Debevoise & Plimpton LLP (Debevoise) – 1p Summary: Board staff met with the representatives of ACLI and Debevoise to discuss section 619 (“Volcker Rule”) and section 171 (“Collins Amendment”) of the Dodd-Frank Wall Street Reform…

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Dissimilar Plans 1988-2, NAIC Proceedings AAA – Report of the Committee on Life Insurance of the American Academy of Actuaries on the NAIC Life Insurance Yield Comparison Index N. Dissimilar Plans It is a well known caveat that dissimilar plans should not be compared by using the typical cost comparison indices, e.g. IAC or Interest Adjusted…

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Life Insurance Buyer’s Guide – LIBG LIBG – VersionsLIBGWG – Life Insurance Buyer’s Guide Working Group – (A) – NAICLIOGGWG – Life Insurance Online Guide Working Group (A) – NAIC6 – LIBGBuyer’s Guide SubgroupLIBG – Comparison ChartNon-Guaranteed Elements Work Group – NGEWG – AAAShoppingPolicy PerformanceWhat’s the Problem / Goal?Life Cost Comparison Working Group – NAIC…

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Marty Leary 1991 0810 –  Opportunities and Remedies for U.S. Finance – [VIDEO-CSPAN]  8:00 – Marty Leary, Economist Southern Finance Project – Guaranty Funds 1992 0428 / 0505 – GOV (Senate) – Insurance Guaranty Funds and the Involuntary Transfer of Insurance Policies, (CSPAN) Insurance Policy Transfers – Howard Metzenbaum (D-OH)  —  [BonkNote]  Panel 2 – Marty Leary, Southern…

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2018 – Book – Statutory Valuation of Individual Life and Annuity Contracts 2018 – Book – Statutory Valuation of Individual Life and Annuity Contracts | 5th Edition — by Donna Claire, Lombardi and Summers (p323) – 14.4 Universal Life Insurance Model Regulation Flexible premium products introduce special valuation problems using traditional methods in that some…

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Bradley Barks I agree that there are currently lost of numbers in illustrations for comparison purposes and that we might not have the right ones yet. But even if the “ideal” numbers exist, I would submit that this is not the answer to the problem of illustrations. Lee Dreyfus said in the general session that…

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Benjamin J. Bock TransAmerica / Occidental 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries – 142p Judy A. Faucett (Chairperson),  Benjamin J. Bock,  Bruce E. Booker John W. Keller,  John R. Skar,  Linden N. Cole 1991-1992 – SOA – Final Report* of the…

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