Proceedings

1976-4, NAIC Proceedings Date: Oct. 7, 1975 To: U.S. Senate Committee on Veterans Affairs From: Life Insurance Cost Comparison (C3) Task Force Subject: Questions from Senator Stone dated Oct. 7, 1975 Date: December 3, 1975 From: John Montgomery, California Insurance Department Date: September 9, 1975 Subject: Questions from (C3) Technical Subcommittee – The questions recently…

1940-0, NAIC Proceedings Special Committees-Liquidation and Reorganization Special SEC Committee (Mr. Gontrum then read his prepared address, which follows) I have chosen as my subject “Insurance Advisors” rather than “Insurance Counselors” because I wished to include in the scope of this paper the three main classes of individuals and organizations that undertake to give advice…

1995-1 ATTACHMENT ONE-A NAIC CONSUMER INFORMATION RESEARCH PROJECT March 13, 1995 It would be most useful if the updated illustration was designed to fit the needs of the policy owner. The insurer won’t have this information. 1995-1, NAIC Proceedings

1983-4 In addition, a revised Buyer’s Guide has been developed and is proposed for adoption as part of the new model regulation. The revised draft includes annotations indicating the source and background of the changes being proposed to the current model regulation. This proposal would incorporate the following new features into the model regulation: 2.…

1984-2 (p71) – Turning to the solvency concerns, she <Sandra Jaffee, Citicorp> stated that no industry is completely protected from risk of insolvency. She conceded that banks have lent large amounts to underdeveloped countries and did acknowledge the existence of the Continental Illinois incident. On the other hand, she noted, the Baldwin-United situation and the…

1933 – 1 Volume only Further Resolved, That inasmuch as a number of worthy industrial and commercial corporations are in emergency receivership and a number of corporate bonds are in default as to interest and/or principal by reason of lack of liquidity rather than by reason of lack of underlying value, stocks of corporations in…

2000-1 (p117) – ATTACHMENT FIVE – Suitability of Sales of Life Insurance and Annuities – Draft March 15, 2000 Separate Accounts Working Group – Chicago, Illinois – March 13, 2000 (p77) – Ron Panneton (National Association of Insurance and Financial Advisors—NAIFA) said this discussion reminded him of a similar discussion the Life Disclosure Working Group…

1994-1 Adopted the report of the Life Disclosure Working Group, which decided that the appropriate illustration should show only policy guarantees and past performance compared to a common index. Mr. Coleman said he was very disappointed with the plan announced. He was critical of the proposal that the future performance could be demonstrated by the…