1942-Supplement, NAIC Proceedings – Reports and Statements on Non-Forfeiture Benefits and Related Matters 1942-Supplement, NAIC Proceedings – Reports and Statements on Non-Forfeiture Benefits and Related Matters  —  [BonkNote] (p91) – THE “CASH” NON-FORFEITURE BENEFIT The development of level premium whole life insurance, limited premium policies and policies on the endowment plan maturing in the policyholder’s lifetime…

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Q: Will the World Collapse if… 1988 – SOA – Actuarial Opinion on Non-Guaranteed Elements, Society of Actuaries – 12p Larry R. Robinson,Chairman of the ACLI Subcommittee on Cost Disclosure The article is entitled “Future Shock” by Harry Lew with the sub-heading: – <WishList> “What will happen when a generation of insurance buyers begins comparing unrealistic illustrations with…

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Insurance Regulation – Purpose Policyholder Protection Solvency of Companies PRELIMINARY COMMENT: The principal goal of insurance regulation has always been to prevent insurer insolvencies. It is pursued in various ways. 1969 0821- Wisconsin – 1969 Senate Bill 525 – Chapter 646 – Insurance Security Fund 

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LIBG – Life Insurance Buyer’s Guide – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A AAA to NAIC – Life Insurance Buyer’s Guide (LIBG) Back to top B Buyer’s Guide Subgroup – Life Insurance – NAIC Back to top C Copy of LIBG – Life Insurance Buyer’s Guide Back to top L LIBGWG – Life Insurance Buyer’s Guide Working Group…

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Illustrations – Purpose What is the purpose of policy illustrations? 1988 – SOA – Are Current Illustrations Supportable?, Society of Actuaries – 20p In my opinion, illustrations are just a sales aid, almost like an advertisement in the newspaper. —  Mahir Dugentas   1995 – SOA – Current Developments Surrounding Regulations and Standards of Life and Annuity…

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Halsey Josephson 1976 1021 – NYT – Obituary – Halsey D. Josephson, 70, Author of Seven Books on Life Insurance – [link] In 1954, he founded Probe, a biweekly newsletter of commentary on the American life‐insurance scene. He leaves his wife, the former Ruth P. Goldstein, and two sons, Halsey Jr. and Robert. <WishList> -…

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Gallant vs. Prudential Thomas James Methvin –  Gallant v. Prudential, which resulted in a $25,000,000.00 jury verdict. alabamajustice.org/?pg=SustSpotlight 1995 0501 – Congressional Record-House – p11424 – 95p EXHIBIT 1 – TESTIMONY OF PROF. GEORGE L. PRIEST BEFORE THE SENATE COMMITTEE ON THE JUDICIARY 1995 0404 and 0726 – GOV (Senate) – Punitive Damages: Tort Reform and…

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Potential Data Sources Used in Market Analysis – MAPWG – NAIC 2023 0410 – NAIC Proceedings – MAPWG – Virtual Meeting – 9p (p5-7) – Potential Data Sources Used in Market Analysis NAIC Sources CDS – Complaint Database System RIRS – Regulatory Information Retrieval System FAS – Financial Annual Statement Financial Profile reports State Page MDA FAST…

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Reason for Purchase Life insurance is generally purchased to protect against the economic consequences associated with premature death. 2017 – JIR / NAIC – Denied and Resisted Life Insurance Claims: Recommended Changes to Schedule F, by Jill Bisco, University of Akron – 27p

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2009 0317 – GOV (Senate) – Perspectives on Modernizing Insurance Regulation, Chris Dodd (D-CT) 2009 0317 – GOV (Senate) – Perspectives on Modernizing Insurance Regulation, Chris Dodd (D-CT)  —  [BonkNote] [PDF-160p, VIDEO-Senate] – <mp3, mp4> – R-yes CFA – J. Robert Hunter, Director of Insurance, Consumer Federation of America, Reserve Relief, Guaranty Funds – Testimony -…

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