1980s
1983-2, NAIC Proceedings
1983-2 Others were whether companies should contractually limit the right of the policyholder to pay additional premiums and whether there should be more disclosure of the termination date under guaranteed minimum assumptions. re: Universal Life 1983-2, NAIC Proceedings INTERPRETATION REGARDING VALUATION AND NONFORFEITURE INTEREST RATES Proposed Actuarial Guideline Recommended to the Life Insurance (A) Committee…
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1983-1 As you know, revolutionary changes are taking place in the life insurance business. To a large extent, these changes have passed regulators by, and have left the regulators in a position of trying to catch up. — J. Alan Lauer – Deputy Insurance Commissioner 1983-1, NAIC Proceedings Task Force on Valuation and Nonforfeiture…
Read MoreUniversal Life Task Force – (A) – NAIC
Universal Life Task Force – (A) – NAIC FIRST: 1983-4, NAIC Proc. LAST: 1988-1, NAIC Proc. In June 1982 the NAIC created a new Universal Life Insurance Task Force 1983-1, NAIC Proceedings 1. In the Plenary Session, the Executive Committee report was adopted subiect to the following amendments to the report of the Life Insurance…
Read MoreLife Cost Disclosure Task Force – (A) – NAIC
Life Cost Disclosure Task Force – (A) – NAIC 1982-1989 LIFE INSURANCE (A) COMMITTEE – (A) Task Force – Life Cost Disclosure (RECEIVED) 1. Received a summary of several possible amendments to the Life Insurance Solicitation Regulation and Buyer’s Guide. 2. Heard recommendations and reports from departments, consumer groups and industry concerning the regulation of…
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