1970s – NAIC – Insurance Regulators – Snippets (p1501) – John Durkin, New Hampshire Insurance Commissioner: As a starting point, there is little regulation of the life insurance industry by the States. The States do little with respect to life insurance regulations for many reasons, mainly because there are very few problems with complaints over…

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1970s / 1980s – LIBG – Life Insurance Buyer’s Guide – Wisconsin Wisconsin Task Force William SNELL. Northwestern Mutual – In Wisconsin in July 1977, the state held a hearing on the NAIC Model Life Insurance Solicitation Regulation. Most people present suggested that it be adopted. Nothing happened until May 1978, when a new regulation…

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ACLI – Snippets – 1970s The most obvious, though not necessarily accurate, basis of comparison of policies of the same initial or minimum face value is the premium.  (p41) 1976 0909 – Letter – ACLI to NAIC – RE: Proposed Changes to the NAIC Model Variable Life Insurance Regulation – 1976-1 – NAIC Proceedings – p623-…

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1978 – GOV (Senate) – Rights and Remedies of Insurance Policyholders, Howard Metzenbaum (D-OH) 1978 – GOV (Senate) – Rights and Remedies of Insurance Policyholders, Howard Metzenbaum (D-OH)  —  [BonkNote] [PDF-1197p-GooglePlay] Part 1 – 1978 0117 and 0118 – Part 1 – Discrimination by Property and Casualty Insurance Companies: The Fairness in the Coverage and Cost…

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1973 01 – SEC – Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission 1973 01 – SEC – Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission  —  [BonkNote]  —  [PDF-207p-GooglePlay] 1973 – SEC – Variable Life…

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1970s 1971-2, NAIC Proceedings – 1971 0616 – First Report of the Industry Advisory Committee to the NAIC B·S Subcommittee to Review the Model Unfair Trade Practices Act 3. The regulator already has the practical power to accomplish on behalf of the consumer what consumer class actions are designed to accomplish. This is evident from…

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1970s – NAIC – Insurance Commissioners – Government Hearings 1975 1203 and 1204 – GOV (Senate) – Veterans Insurance Information Disclosure, Richard Stone (D-FL)  —  [BonkNote] (p36) – William H. Huff III (Iowa) – President of NAIC, Statement  (p44) – NAIC – Mr. William H. HUFF III – (IA): If the Society of Actuaries’ research is…

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1979 0524 – GOV (Senate) – Cost Disclosure in Life Insurance, Senator Metzenbaum (D-OH) 1979 0524 – GOV (Senate) – Cost Disclosure in Life Insurance, Howard Metzenbaum (D-OH)  —  [BonkNote] [PDF-279p-GooglePlay]  Senate – Committee on the Judiciary – Subcommittee on Antitrust, Monopoly and Business Rights (p1) – Opening Statement of Senator Metzenbaum Today the Subcommittee…

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