Social Media – Page 22

Scott Witt wittactuarialservices.com IULSG – NAIC – Independent Proposal Legal Cases – Expert Witness Actuary 2004 – SOA – Has the Illustrations Regulation Been Successful?, by Scott Witt, Society of Actuaries – 3p 2020 0402 – Scott Witt – A Critical Review of Indexed Universal Life, by Scott Witt – 5p 2020 0506 – Scott Witt…

Global Atlantic 2019 – Global Atlantic – Life Insurance Suitability & Best Practices Guide – For Accordia Life and Annuity Company Producers – 21p 2013 0501 – Des Moines Register – Aviva USA life insurance unit to be dealt to Global Atlantic, by Victor Epstein – [link-winkintel] 2013 0928 – Des Moines Register – Insurers, Banks Hail…

CRVM – Commissioners Reserve Valuation Method 1979 – SOA – Adjustable Life Expense Allowances Under The Commissioners Reserve Valuation Method, Society of Actuaries – 36p 1984-1, NAIC Proceedings, Reserves Examples 1994 – SOA – Valuation Actuary Symposium Proceedings – Sessions 8 – Life and Deferred Annuity Life and Deferred Annuity Liability Models, Society of Actuaries – 32p 1994…

SEC – Variable Life – 12% 1996 – NAIC – Variable Life Illustrations Subgroup of the Life Disclosure (A) Working Group – June 2, 1996 Mr. Morse reported that under the current rules, a personalized illustration may be prepared using 0% and 12%. The 12% includes the current morality and expenses and the 0% illustration…

ACLI – IUL 1. Voted to Expose the ACLI and the Alternative Actuarial Guideline for IUL Illustrations Paul Graham (American Council of Life Insurers–ACLI) said the ACLI’s proposed actuarial guideline for indexed universal life (IUL) illustrations (Attachment Eight-A) was approved by a supermajority of members of the ACLI Life Insurance Committee, the CEO Steering Committee…

Companies vs. Agents 2000 – LC – Crown Life Ins. Co. v. William Casteel, Agent – 22 SW 3d 378 – Texas Supreme Court – [Google Scholar link] William E. Casteel sold insurance policies as an independent agent of Crown Life Insurance Company. One of the policies sold by Casteel led to a lawsuit by policyholders against Casteel and Crown. In…

Agents vs. Companies 1985 – LC – Glassman v. Metropolitan Life Ins. Co. – 616 F. Supp. 145 – Dist. Court, ND Illinois, 1985 – [Google Scholar link] … Glassman (Glassman) brought this libel action against his former employer, Metropolitan Life Insurance Company (Metropolitan … We wish to inform you that Mr. Ray Glassman no longer represents Metropolitan … …

Q: How Do You Eat An Elephant? The very idea of getting a handle on everything that is going on is mind boggling; but when organized, the elephant can be eaten, a bit at a time. — Alan B. Peterson, Equitable 1977 – SOA – Corporate Planning: Procedural Aspects, Society of Actuaries – 18p ……

BGA – Benefit Generating Account This creature called universal life has evolved from a combination of term insurance and a flexible premium annuity to a range of differing products with various design features. Common to any of these variations is the fact that future cash values cannot be determined completely at issue. Cash values (and…