Deceptive

Deceptive

• Deceptive Business Practices
• Deceptive Contracts
• Deceptive Sales Practices

• When a policyholder feels deceived, the disintermediation potential is enhanced.

—  Allen D. Booth, a consultant in the Milwaukee office of Towers, Perrin, Forster and Crosby

1982 – SOA – Universal Life Update, Society of Actuaries (rsa82v8n34) – 26p

• In guarding the public against insolvent insurance companies state supervision has been eminently successful.
• In protecting the people against frauds, impositions and abuses by solvent companies it has been only partially successful.  (p89)

—  “Deceptive Insurance Methods –The Cure”, Speaker: Mr. E. E. Rittenhouse (Colorado, Insurance Commissioner of Colorado)

1907-0, NAIC Proceedings