market – Page 3 – [BonkNote]

Speed to Market NAIC – Speed to Market Task Force GOV 2005-1, NAIC Proceedings – (2005 0315, p100) Individual Modified Single Premium Variable Life Policy Standards Individual Flexible Premium Variable Adjustable Life Policy Standards 2005-2, NAIC Proc. – (2005 0613) SPEED-TO-MARKET FILING TOOL SUGGESTION BOX Speed to market is the ability to bring products to…

What Policies lead to Confusion / Market conduct issues / Lawsuits? 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 – NCOIL – The Path to Reform – The Evolution of Market Conduct Surveillance Regulation – [PDF-117p]…

Market Conduct Market Conduct – Documents NAIC – Market Conduct The NAIC Examination (A6) Subcommittee, in 1974, recommended the establishment of a “separate and distinct” program of surveillance to ensure fair treatment of policyholders. Thus was “market conduct” born. The term “market conduct” has, however, fallen upon bad times. 1991-2A, NAIC Proceedings (p13) – Terri Vaughan (NAIC-CEO…

Market Failure Part 1 – 1979 02 – SOA – Permutations and Computation, EJM, Society of Actuaries – 3p The inability to evaluate policy performance in the normal course of owning the policy seems to be fundamental to any theory of informational market failure in this market. (p293) 1985 11 – FTC – Life Insurance…