NAIC
Project – NAIC – Snippets – 2019
Project – NAIC – Snippets – 2019 2019 0310 – Letter – AXA Equitable, Brian R. Lessing, to NAIC (IULISG) – Indexed Universal Life Illustrations Subgroup – 2019-3, NAIC Proceedings – (p6-844) In considering the specific questions posed by the Subgroup, we found it helpful to take a step back, and to first consider two…
Read MoreProject – NAIC – Snippets – 2018
Project – NAIC – Snippets – 2018 2018 0103 – NAIC – LIBGWG, Life Insurance Buyer’s Guide Working Group – Letter – AAA / Academy of Actuaries – NGEWG Re: Comments on for the “CEJ Expanded Outline” Exposure Draft – Ian Trepanier, the Academy’s life policy analyst Gabe Schiminovich … we would encourage you to…
Read MoreProject – NAIC – Snippets – 2017
Project – NAIC – Snippets – 2017 2017-1, NAIC Proceedings – 2017 0207 – LIBGWG, Life Insurance Buyer’s Guide Conference Call Ms. Neil expressed concern about some of the terminology in the ACLI guide, in particular the use of “cash value” to describe “permanent insurance,” but agreed there is likely some information that could inform…
Read MoreProject – NAIC – Snippets – 2016
Project – NAIC – Snippets – 2016 2016 0403, NAIC Proceedings (6-8), LIIIWG, Life Insurance Illustrations Working Group, Conference Call Mr. Schwartzer reminded the Working Group that the Life Insurance Illustration Issues (A) Working Group came out of concerns raised when the Indexed Universal Life (IUL) Illustrations (A) Subgroup under the Life Actuarial (A) Task Force was…
Read MoreProject – NAIC – Snippets – 2015
Project – NAIC – Snippets – 2015 2015 0329 – NAIC Proceedings – LIAC, Life Insurance and Annuities (A) Committee Appointed a New Working Group to Revise the Life Insurance Buyer’s Guide. Ms. Matthews said the Committee has a 2015 charge to review and consider revisions to the Life Insurance Buyer’s Guide (Buyer’s Guide) in…
Read MoreProject – NAIC – Snippets – 2014
Project – NAIC – Snippets – 2014 2014 2014 0114 – NAIC Proceedings LATF CC – RE: IULISG – Indexed Universal Life Illustrations Subgroup John Bruins (American Council of Life Insurers – ACLI) said there are a wide range of practices in the area of policy illustrations, particularly for indexed universal life (UL) policies. 2014…
Read MoreQ: What is the NAIC? Trade Group or Standard-Setter?
Q: What is the NAIC? Trade Group or Standard-Setter? 2011 1219 – ThinkAdvisor – Is the NAIC a Trade Group or Official Standard-Setter?, By Elizabeth Festa & Arthur D. Postal – [link] The National Association of Insurance Commissioners Tuesday plans to announce an initiative to brand itself as a “standard-setting organization” rather than a trade group–a…
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NAIC-Newco
Read MoreNAIC – Name Changes
NAIC – Name Changes 1980-2, NAIC Proc. The chairman pointed out the confusion which has occurred with the question of life insurance cost disclosure being divided between this task force and the Evaluation of the Life Insurance Disclosure Regulation Task Force. Following discussion, and a motion duly made, the subcommittee took appropriate action to: ……
Read More2010s – NAIC – Insurance Commissioners – Government Hearings
2010s – NAIC – Insurance Commissioners – Government Hearings (p14) – Terri Vaughan – (NAIC- CEO): So what we try to do is educate consumers about the critical importance of this issue. We spend a lot of money on consumer education. We created a Web site, Insure U Web site, for consumers to go to…
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