NAIC-Model Laws,
Regulation XXX – NAIC
Regulation XXX – NAIC 2001 02 – Report – AAA – XXX Practice Note – NAIC Model Regulation XXX, American Academy of Actuaries – 17p 2001 – SOA – Regulation XXX: A Comprehensive Overview, Society of Actuaries – 25p 2006 – AP – Regulation XXX Spurs Insurance Securitization, by Stephen Rooney – <WishList-HeinOnline> The valuation actuary…
Read MoreUnfair Claims Settlement Act – NAIC
Unfair Claims Settlement Act – NAIC UNFAIR CLAIMS SETTLEMENT PRACTICES ACT Table of Contents Section 1. Declaration of Purpose Section 2. Definitions Section 3. Improper Claims Practices Section 4. Acts Constituting Improper Claims Practices Section 5. Statement of Charges Section 6. Cease and Desist Order – Judicial Review Section 7. Regulations Section 8. Severability Section…
Read MoreBulletin on Illustrated Interest Projections – NAIC
Bulletin on Illustrated Interest Projections – NAIC Projected Interest Earnings Working Group – NAIC 1990-2 – Projected Interest Earnings Working Group April 1 7, 1990 Report (Attachment Three‐Bl) … 578 1991-1A – Bulletin on Illustrated Interest Projections Amended Exposure Draft (Attachment Eight-A) ………. 561 1994-1A, NAIC Proceedings – 7. Adopt Illustrated Interest Projections Bulletin Commissioner Mike…
Read MoreAdvertisements of Life Insurance and Annuities Model Regulation – NAIC
Advertisements of Life Insurance and Annuities Model Regulation (570) – NAIC In 1985 a committee looked at problems associated with sales of annuities coupled with life insurance. One suggestion was to prohibit the sale of combination products. Another suggestion was to review the advertising rules to clearly indicate the joint responsibility of insurers and agents…
Read MoreUnfair Trade Practices
Unfair Trade Practices Subgroup on the Unfair Trade Practices Act – NAIC Model Regulation for Complaint Records to be Maintained Pursuant to the NAIC Unfair Trade Practices Act (#884) GOV – NAIC – Strong Unfair Trade Law 1988 – LR – Consumer Protection – The Unfair Trade Practices Act and the Insurance Code: Does Per…
Read MoreLife Insurance Disclosure Model Regulation – NAIC
Life Insurance Disclosure Model Regulation – 580 – NAIC 1980-2, NAIC Proceedings (p683) – Re: Report on Evaluation of NAIC Model Life Insurance Solicitation Regulation To: Jon S. Hanson, From: Carolyn Cobb, Date: November14, 1979 You requested that I prepare a report which would assist the Task Force in evaluating the NAIC model cost disclosure…
Read MoreSNFL – Standard NonForfeiture Law
SNFL – Standard Nonforfeiture Law content.naic.org/sites/default/files/inline-files/MDL-808.pdf 1942-Supplement, NAIC Proceedings – Reports and Statements on Non-Forfeiture Benefits and Related Matters — [BonkNote] 1980 – SOA – Nonforfeiture and Valuation Concerns in the 1980’s, Society of Actuaries – 16p 1983 – SOA – Universal Life Valuation and NonForfeiture: A Generalized Model, by Shane A. Chalke and Michael Davlin, Society of…
Read MoreLife Insurance Illustrations Model Regulation – LIIMR – 582 – NAIC Proceedings – Citations
Life Insurance Illustrations Model Regulation – LIIMR – 582 – NAIC Proceedings – Citations NAIC Model Laws, Regulations, Guidelines and Other Resources—January 2011 LIFE INSURANCE ILLUSTRATIONS MODEL REGULATION – PC-582-1 Proceeding Citations – All references are to the Proceedings of the NAIC — [BonkNote] 1993 Proc. IB 794 In November 1992 a working group [Life…
Read MoreULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC – Citations
ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC – Citations ULMR – Universal Life Model Regulation – MDL-585 – Citations – NAIC — [BonkNote] NAIC – Universal Life Insurance Model Regulation – MDL-585 – 22p Chronological Summary of Actions 1984 Proc. I 6, 31, 376, 514, 515-526 (adopted). 1988 Proc. I 9,…
Read MoreR Ratio
R-Ratio / R-Factor In essence, the model regulation <Universal Life Model Regulation> assumes that at issue, all universal life policies are permanent plans. The r-ratio is meant to measure the extent to which the policy is “on track” as a permanent plan. Statutory Valuation of Individual Life and Annuity Contracts | 5th Edition, Claire, Lombardi…
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