Advisory Groups – NAIC  That was one of the recommendations made by the Advisory Committee that Shane and I worked on almost ten years ago, and it joined most of our other recommendations in being trashed by the then NAIC working group. So things are coming around. [Bonk: Shane = Shane Chalke] —   Walter…

Read More

Technical Staff Actuarial Group (TSAG) – NAIC 1982-1 – LIFE, ACCIDENT AND HEALTH INSURANCE TECHNICAL STAFF ACTUARIAL GROUP – SEMI-ANNUAL REPORT – December 1981 (p404-435) The Life, A&H Technical Staff Actuarial Group is an informal group of state insurance department employees, most of whom are actuaries. The group is not considered a task force, and…

Read More

Securities and Insurance Regulation Task Force – (EX) – NAIC 1981-1988 1988-2, NAIC Proceedings – (p72) – EX – Integrated Financial Services (EX) Task Force and the Securities and Insurance Regulation (EX) Task Force were consolidated. The new task force will be entitled the Financial Services and Insurance Regulation (EX) Task Force. 1982-1, NAIC Proceedings…

Read More

Universal Life and Related Plans of Life Insurance and Annuities – NAIC FIRST: 1983-2, NAIC Proc. LAST: 1988-2, NAIC Proc. Ill. FUNDED PLANS OF LIFE INSURANCE (UNIVERSAL LIFE) AND ANNUITIES (LATER CHANGED TO UNIVERSAL LIFE AND RELATED PLANS OF LIFE INSURANCE AND ANNUITIES) A. General Features The Technical Staff Actuarial Group discussed the appropriateness of…

Read More

Variable Life Insurance Task Force – NAIC In December 1981 the NAIC created a special Variable Life Insurance Task Force, which also reports to the Life Insurance(A) Committee. There is a Variable Products Advisory Committee, which reports directly to the group. Jerome S. Golden, of Monarch Resources Inc., in New York, New York, is the…

Read More

Life Insurance Cost Comparison Task Force – NAIC 1975-2 NAIC Proc.  Life Insurance Cost Comparison (C3) Task Force: Research Project Reports Available, May, 1975 PROJECT REPORTS Research Project One (Production of a life insurance cost data base in cooperation with the Antitrust Subcommittee of the U.S. Senate’s Judiciary Committee.) Portions published by the Antitrust Subcommittee…

Read More

CIDWG – Consumer Issues Disclosure Working Group – (A) – NAIC CIDWG – Consumer Issues Disclosure Working Group – (A) – NAIC  —  [BonkNote] Focus Groups Product Development Task Force – NAIC    Bill Hager, Chair, Iowa Insurance Commissioner 1990-1A, NAIC Proceedings – NAIC / LIMRA – Universal Life Disclosure Form Test Market Results – CIDWG…

Read More

NASAA/NAIC Joint Regulatory Insurance Products Study Committee NASAA – North American Securities Administrators Association 1980-1985 Bruce Foudree, Chairman – Iowa Executive Committee 1981-1, NAIC Proceedings – SECURITIES AND INSURANCE REGULATION (EX) TASK FORCE  Uniform Securities Act (B) Presented a letter of November 28, 1979 from Arkansas Securities Commissioner, Harvey L. Bell, current President of the…

Read More

Life Insurance Combined with Annuities – NAIC We submit that the Model Annuity and Deposit Fund Disclosure Regulation and the Life Insurance Disclosure Model Regulation contain disclosure requirements that would explain to the prospect the relative significance of the life and annuity components. Hence, the potential for the so-called “estate conservation” problem would be eliminated.…

Read More

LIBG – Life Insurance Buyer’s Guide – Versions NAIC Version (Draft and Final) 1973 – Interim NAIC Life Insurance Buyer’s Guide – <WishList> 1976 – NAIC Life Insurance Buyers Guide 1976-2 549 – 5p  1982-2, NAIC Proceedings – Life Insurance Buyers Guide – ATTACHMENT TWO – MarkUp – Universal Life/Special Plans – p487-499 1983 -…

Read More