A state regulator task force took another step Thursday toward agreement on rule changes designed to rein in index universal life insurance illustrations. In another "straw poll" vote, Life Actuarial ...
On February 24, the IUL Illustration (A) Subgroup of the Life Actuarial (A) Task Force approved proposed revisions to Actuarial Guideline 49 (A.G. 49) for exposure and comment. Among other things, A.G ...
On November 3, the National Association of Insurance Commissioners (NAIC) IUL Illustration (A) Subgroup circulated for comment proposed revisions (Proposed Revisions) to recently adopted Actuarial ...
State insurance regulators debated risk and reward and how much of the former consumers should take on in pursuit of the latter when purchasing indexed universal life products. A National Association ...
The life insurance industry continues to be deeply divided over the content of illustrations agents use in selling indexed universal life insurance (IUL). The differences are outlined in comments ...