ACLI – TRG – Technical Resource Goup – NAIC George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC (Industry Advisory Group – Illustrations) Life Disclosure Working Group – (A) – NAIC I think you really have to make sure that people understand volatility, whether you solve for a policy blowing up or values being…

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Restructuring Mechanisms Working Group – NAIC content.naic.org/cmte_e_res_mech_wg.htm 2023 0404 – NAIC – RESTRUCTURING MECHANISMS (E) WORKING GROUP – 124p O’Sullivan said that on the life side, the inquiry can be relatively narrow and that likely a due diligence, factual inquiry rather than a traditional legal opinion may not be needed. Superintendent Dwyer suggested that while it…

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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: ……

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Evaluation Life Insurance Cost Disclosure Task Force – NAIC Model Regulation for Partial Endowment type (Deposit Term) – 1980-2, NAIC Proceeedings      Ms. Edwards reported that the task force recommended the adoption by the (C3) Subcommittee of the Model Regulation for Partial Endowment type (Deposit Term) policies which was circulated in December, 1979, as an…

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Task Force on Life Insurance Disclosure System – LIDS – NAIC Task Force on Life Insurance Disclosure System – LIDS – NAIC  —  [BonkNote] 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC  —  [BonkNote]  This section will describe the life insurance disclosure system (LIDS) which the task force…

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LIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – Index LIIIWG – Life Insurance Illustration Issues Working Group – NAIC LIIIWG – before start LIIIWG – Ad Hoc Group LIIIWG – extra liiiwg – Questions LIIIWG – References / Documents LIIIWG – Snippets LIIIWG – Snippets of NAIC Proceedings 508 – Timeline –…

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Non-Investment Bonds Working Group – NAIC (p191) – Senator Richard BRYAN (D-NV). We will keep the hearing record open to give you the opportunity to do so. Mr. McCartney, as I understand, the NAIC established a junk bond working group some time last year. Am I correct on that? Mr. MCCARTNEY. Yes, sir. Senator BRYAN.…

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NAIC/Industry Liaison Committee – NAIC 2002-2v2, NAIC Proceedings – 2002 0608 – Industry Representatives White Paper on Class Action Lawsuits Preserving The Regulatory Authority of State Insurance Commissioners, Preliminary Draft – p1609-1612 When making determinations that impact insurance markets, a decision-maker must have access to as much relevant information as possible. While regulators are  authorized…

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NAIC/Consumer Liaison Committee – NAIC 2023 0321 – NAIC/Consumer Liaison Committee – 6p (p3-4) – Richard Weber (Life Insurance Consumer Advocacy Center—LICAC) 5. Heard a Presentation Calling Attention to the Dilemma of Current Assumption Policy Illustrations Weber provided some simple graphic views of variable universal life policies and said an illustration showing a $5,900 annual…

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