Replacement regulations spark agent concerns

Connolly, Jim
August 1998
National Underwriter / Life & Health Financial Services;8/3/98, Vol. 102 Issue 31, p1
Reports on regulatory guidelines for life insurance replacements. Establishment of minimum standards of conduct concerning replacements; Provision of full information to contract holders to enable them to make informed decisions; National Association of Insurance Commissioners' development of its own model regulation.


Related Articles

  • New illustrations guidelines on tap. Schwartz, Matthew P. // National Underwriter / Life & Health Financial Services;10/31/94, Vol. 98 Issue 44, p1 

    Reports on the proposed revised standards by the National Association of Insurance Commissioners (NAIC) for a model regulation which would provide for the use of both guaranteed and current values in life insurance policy illustrations. Features of the proposed revised standards; Comment by...

  • Annual illustration updates proposed. Crosson, Cynthia // National Underwriter / Life & Health Financial Services;12/12/94, Vol. 98 Issue 50, p1 

    Reports on the proposals by state regulators in the United States to require insurers to send their customers' updated life insurance policy illustrations. Development of the proposal by the National Association of Insurance Commissioners; Annual status report; Impact on the companies.

  • NAIC working on expense table for illustrations reg. Connolly, Jim // National Underwriter / Life & Health Financial Services;4/1/96, Vol. 100 Issue 14, p1 

    Reports on the development of an expense allocation table in Detroit, Michigan, to be used in actuarial testing for preparing life insurance illustrations. Conformation of table with the adopted life insurance illustrations model regulation; When table will be ready for public use; Requirements...

  • NAIC offers illustrations guidance. Connolly, Jim // National Underwriter / Life & Health Financial Services;9/09/96, Vol. 100 Issue 37, p1 

    Reports on the National Association of Insurance Commissioners's (NAIC) plans to provide guidance to companies to comply with a life insurance sales illustration model regulation that will become effective on January 1, 1996 in some states. Creation of a question and answer document that...

  • Triple-X Marks The Spot For Creative Reinsurers. Keller, James B. // National Underwriter / Life & Health Financial Services;9/20/99, Vol. 103 Issue 38, p7 

    Offers a look at the Valuation of Life Insurance Policies Model Regulation or Triple-X (XXX) of the United States National Asociation of Insurance Commissioners. Valuation change offered by Regulation XXX; How the changes will impact the role of insurers; Primary elements of the regulation;...

  • Triple-X Means a Bigger Role For Valuation Actuaries. Biehl, Jay // National Underwriter / Life & Health Financial Services;9/20/99, Vol. 103 Issue 38, p11 

    Reveals the role of valuation actuaries under the Valuation of Life Insurance Policies Model Regulation adopted by the National Association of Insurance Commissioners in the United States. Changes in the nature of the risk selection process and assessment methods; Pros and cons of the...

  • NAIC's Interstate Compact Initiative Should Be Supported. Schacht, James W. // National Underwriter / Life & Health Financial Services;6/3/2002, Vol. 106 Issue 22, p20 

    Comments on an interstate pact on nationwide uniform filing and approval of life and annuity products proposed by the U.S. National Association of Insurance Commissioners. Goal of the proposed pact; Reason behind the need for the regulation of product approval; Decisions to be made in drafting...

  • Regulators At NAIC Meeting Agree To Return To Triple-X. Connolly, Jim // National Underwriter / Life & Health Financial Services;6/25/2001, Vol. 105 Issue 26, p26 

    Deals with the move of National Association of Insurance Commissioners to return to Triple-X guideline for the valuation of life insurance policies in the United States. Benefits of the guideline; Issues discussed by insurance regulators involved in the review; Concerns expressed by insurance...

  • States Begin Activity On STOLI Bills. Connolly, Jim // National Underwriter / Life & Health Financial Services;2/4/2008, Vol. 112 Issue 4, p7 

    The article reports on the move of major states in the U.S., such as California, New York, and Ohio, to restrict stranger-originated life insurance (STOLI) transaction in the U.S. State insurance departments and state legislators are considering the introduction of model bills by the National...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics