TITLE

NAIC working on expense table for illustrations reg

AUTHOR(S)
Connolly, Jim
PUB. DATE
April 1996
SOURCE
National Underwriter / Life & Health Financial Services;4/1/96, Vol. 100 Issue 14, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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 of model regulation; Use of table in a disciplined scale which requires a limit on illustrations.
ACCESSION #
9606205608

 

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...

  • 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...

  • Agents tackle illustration sign-offs. West, Diane // National Underwriter / Life & Health Financial Services;12/4/95, Vol. 99 Issue 49, p7 

    Reports on reactions to the illustration model regulation for life insurance policies under consideration by the National Association of Insurance Commissioners. Issue of appropriate time for getting a client's signature; Changes in the practice; Gradual approach by other companies; Comments 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.

  • Pressures On The NAIC--Then And Now. Piontek, Stephen // National Underwriter / Life & Health Financial Services;4/29/2002, Vol. 106 Issue 17, p29 

    Focuses on the participation of the National Association of Insurance Commissioners (NAIC) in the 2002 meeting of the National Alliance of Life Companies. Differences between what the NAIC is doing before and after the Gramm-Leach Bliley was enacted in the U.S. in 1999; Areas in state insurance...

  • 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...

  • Replacement regulations spark agent concerns. Connolly, Jim // 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...

  • 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;...

  • 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...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics