NAIC-Groups
Life Insurance and Annuities Replacement Model Regulation – MDL-613 – NAIC
Life Insurance and Annuities Replacement Model Regulation – MDL-613 Many states which have adopted the Replacement Regulation have found that it acts as a “license to steal.” It is generally used effectively by the professional twister and provides him with a defense in the event his sales techniques are questioned. (p544) — Life Insurance Cost…
Read MoreRetirement Security Working Group – NAIC
Retirement Security Working Group (RSWG) – NAIC https://content.naic.org/cipr_topics/topic_retirement_security.htm
Read MoreLATF – Life Actuarial Task Force – NAIC
LATF – Life Actuarial Task Force – NAIC 2023 0601 – NAIC – Life Actuarial (A) Task Force Rachel Hemphill / Pat Allison / Jennifer Frasier – Donna Claire, Linda Lankowski, Donna Megregian, Birny Birnbaum, Brian Bayerle, David Hippen, Fred Anderson, Laura Hanson, Mary Bahna-Nolan, Mike Boerner, Mike Yanacheak, Pete Weber, Purushotham, Teresa Winer, Tomasz Serbinowski,…
Read MoreMarket Conduct Surveillance Task Force (EX) – NAIC
Market Conduct Surveillance Task Force – (EX) – NAIC As a member of a regulatory body it is important that you become involved in self-education to increase your professional knowledge and keep current on developments within the ever-changing business of insurance. 1984-2, NAIC Proc. – Report Of The (EX3) Market Conduct Surveillance Task Force Working…
Read MoreFunded Plans of Life Insurance (Universal Life) and Annuities – NAIC
Funded Plans of Life Insurance (Universal Life) and Annuities – NAIC 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 the name given to this topic on the 1982-1, NAIC…
Read MoreTechnical Advisory Committee on Dynamic Interest and Related Matters – NAIC
Technical Advisory Committee on Dynamic Interest and Related Matters – NAIC The Technical Advisory Committee on Dynamic Interest and Related Matters was appointed by the former (C4) Technical Subcommittee in the spring of 1980
Read MoreLife Disclosure Working Group – (A) – NAIC
Life Disclosure Working Group – (A) – NAIC The working group’s concern was how to bring about a change without damage to the market place. (p656) 1993-4, NAIC Proceedings – Life Disclosure Working Group – NAIC Google Search – 28 Results 1993-2003 – NAIC Proceedings 1993 0525 – GOV (Senate) – When Will Policyholders Be Given…
Read MoreUnauthorized Insurance Committee – NAIC
Unauthorized Insurance Committee – NAIC 1974-1, NAIC Proceedings 1970, NAIC Proceedings – Non-Admitted Insurers – Report by Joseph Humphreys to Unauthorized Insurers (F2) Subcommittee – (p432-434) Surplus Lines, Reinsurance, Jackals The tight mortgage money market in the U, S. has brought a proliferation of “Non-Insurance writing insurers”. Such a corporation is formed to take advantage…
Read MoreLIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – Ad Hoc Group
LIIIWG – Ad Hoc Group Questions / Observations / Stuff – Who were the members of the Ad Hoc Group? Specific names – What Information was gathered? How was the Information gathered? 5/17/2016 LIII WG 2016-2 If the summaries are able to be shared, Mr. Wicka suggested, and the Working Group agreed,…
Read MoreFocus Groups
Focus Groups / Consumer Testing Consumer Disclosure Issues Working Group of the Product Development (A) Task Force – NAIC Focus Groups – NAIC – 2000s A great deal of the confusion seems to stem from a lack of understanding of how cash value insurance products work and a lack of understanding of insurance terminology. Also,…
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