ASB – Actuarial Standards Board actuarialstandardsboard.org/ ASB – Actuarial Standards Board – Snippets ASOPS – Actuarial Standards of Practice ASOP – Actuarial Standard of Practice No. 2 – Nonguaranteed Charges or Benefits for Life Insurance Policies and Annuity Contracts – 16p 1993 – SOA – ASB Standard on Selection of Economic Assumptions, Society of Actuaries…

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Illustration Illustrations – Index In the January 1987 issue of Insurance Forum Joseph Belth makes the statement : In my opinion, life insurance sales illustrations are out of control. Furthermore, I am not aware of any significant attempts by any insurance organization or by the actuarial profession to deal with the problem. 1987 01 -…

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Illustrations – Media 1992 – The Telegraph (New Hampshire) – Uncover Truth in Life Insurance, by Jane Bryant Quinn – [link-GoogleNews] 1994 0708 – Chicago Tribune / Kiplingers – Looks Can Be Deceiving, by Kristin Davis –  1996 0716 – The Buffalo News – Prudential Case Shows Need for Insurance Industry Reform. by James Odato…

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WishLists ACADEMIC | ACLI |  ACTUARIAL  |  GOVERNMENT (FEDERAL) |    INDUSTRY  |  ILLUSTRATIONS | LAW REVIEWS  |   LEGAL CASES  |  MEDIA  |  NAIC   |  Ratebooks WishList – Index Illustrations – WishList Adjustable Life Examples – Minnesota Mutual, Bankers Life, Principal Life Deposit Term / Deposit Whole Life Executive Life Insurance Company Illustrations Metzenbaum We’ve…

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1990s – NAIC – LIAC – Life Insurance (A) Committee – NAIC Proceedings Index 1990-1A Product Development Task Force ☐Policy Information Form for Applicants on Universal Life Policies (Attachment One)  ….453 ☐Consumer Disclosure Issues Working Group November 17, 1989 Report (Attachment Two) ………….463 ☐September 11, 1989 Report (Attachment Three) ……….464 ☐LIMRAs Universal Life Disclosure Form Focus Group…

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Illustrations – Snippets 1982-1, ACLI (American Council of Life Insurers) – NAIC Proceedings The American Council of Life Insurance (ACLI) presented a paper on cost disclosure for universal life products..,..Further, the policy summary should include a statement on the point at which the policy will expire based on the policy guarantees and the anticipated premiums shown in…

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FTC – Federal Trade Commission ftc.gov/ ftc.gov/legal-library Life Insurance MLM – Multi-Level Marketing / Pyramid Schemes Michael P. Lynch Michael Pertschuk Robert J. Mackay  1919 – FTC – Report – Protecting the Public by Informing the Investor Betterment of Life Insurance Service, Federal Trade Commission – 10p  – FTC- FEDERAL TRADE COMMISSION DECISIONS FINDINGS, OPINIONS,…

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Product Development Task Force – (A) – NAIC Consumer Disclosure Issues Working Group of the Product Development (A) Task Force – NAIC Focus Groups FIRST: 1989-4 NAIC Proc. 673 / LAST: 1991-4 NAIC Proc. 604 1988-2 NAIC Proc. – Name Changed – John Montgomery (CA) suggested a change in the name … Changed name from…

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Cancer Insurance 1979 0613 – GOV (House) – , Claude Pepper House – Committee on Interstate and Foreign Commerce – Subcommittee on Health and the Environment The Subcommittee met to consider Chairman Pepper’s bill, The Senior Citizens Health Insurance Reform Act of 1979 1980 1029 – F.T.C. Assails Cancer Policies As a ‘Poor Buy’; Investigation…

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Duhaime v John Hancock 1999 – LC – Richard DUHAIME v. John Hancock Mutual Life Insurance Company Howard M. Metzenbaum Decided: June 28, 1999, United States Court of Appeals, First Circuit No. 98-2139.  1:96-cv-10706 Pacer – Yes Duhaime, et al v. John Hancock Mutual, et al   8:1995cv01556 Florida Middle District Court 09/20/1995 03/27/1996   Court…

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