Anti-Trust

  • When I read the program information, I was struck by the antitrust disclaimer that we have at the front of the program.
    • I want to read that disclaimer to you.
      • It says, "Under no circumstances shall meetings or programs be used as a forum for representatives of competing companies and/or firms to reach any understanding whatsoever either about the pricing of specific products, whether particular products should be marketed to the public, or terms on which products are marketed."
      • That sounds to me like some of the things that are built into and implicit in the illustration model regulation.

--  Kevin A. Marti, vice president of administration and chief actuary for Westfield Life Insurance Company

1995 - SOA - Sales Illustrations, Society of Actuaries - 14p