Announcement: SOA congratulates the new ASAs and CERAs for May 2024.

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  • Legal Notes
    Legal Notes This section presents and summarizes major life insurance-related legal cases from ... misrepresentation by applicants. Claims review;Individual life plans;Product development; 1330 11/1/1956 ...

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    • Authors: B. M. Anderson
    • Date: Nov 1956
    • Competency: External Forces & Industry Knowledge>Internal forces and business performance; Professional Values
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance; Public Policy
  • Legal Notes
    Legal Notes This article summarizes major insurance related litigation in 1951 on subjects ... premium taxes, insurable interest, and group versus individual insurance. Beneficiaries;Cash value;Group life ...

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    • Authors: B. M. Anderson
    • Date: Sep 1951
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Health & Disability>Health insurance; Life Insurance
  • Legal Notes
    Legal Notes This section presents and summarizes major insurance-related legal cases of 1957, including ... issues. Group health plans;Group life plans;Individual life plans; 1331 3/1/1957 12:00:00 AM ...

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    • Authors: B. M. Anderson
    • Date: Mar 1957
    • Competency: External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance
    • Publication Name: Transactions of the SOA
    • Topics: Enterprise Risk Management>Compliance; Public Policy
  • Legal Notes
    they have been fixed annuities, offering the annuitant specified and definite amounts beginning with ... amounts vary according to the age and sex of the annuitant. Moreover, actuarfly [s/c] both the fixed-dollar ...

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    • Authors: B. M. Anderson
    • Date: Mar 1959
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Public Policy
  • Legal Notes
    named as beneficiaries. Some months later the annuitant decided she would change the beneficiaries and ... annuitant's death 15 years later. In the meantime the annuitant had married twice. The original beneficiaries ...

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    • Authors: B. M. Anderson
    • Date: Mar 1953
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance>Claims - Life Insurance
  • Legal Notes
    living in his latter years for the policy-holder annuitant, and life insurance policies bought to provide ... to beneficiaries in case of the death of the annuitant before annuity payments begin. Both provide that ...

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    • Authors: B. M. Anderson
    • Date: Oct 1958
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Annuities>Variable annuities; Health & Disability>Health insurance; Life Insurance
  • Legal Notes
    Tennessee, November 24, 1953) 118 F. Supp. 485. The annuitant was the widow of a prominent citizen of the community ... had been a mutual mistake of fact, that the annuitant was mentally incompetent, that she was ignorant ...

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    • Authors: B. M. Anderson
    • Date: Oct 1954
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Annuities>Payout annuities; Life Insurance>Claims - Life Insurance
  • Legal Notes
    monthly annuity of $90,171 at maturity, if the annuitant had continued to borrow on the contract the annuity ... the amount of the consideration paid in by the annuitant. See H.R. Rep. No. 708, 72d Cong., 1st Sess. p ...

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    • Authors: B. M. Anderson
    • Date: Mar 1961
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Transactions of the SOA
    • Topics: Public Policy; Public Policy
  • Legal Notes
    clause was for the benefit of the insured or annuitant and his beneficiary and hence could not be availed ... representation that he was in bad health, and the annuitant would want the assurance of the incontestable ...

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    • Authors: B. M. Anderson
    • Date: Jan 1964
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance
  • Legal Notes
    the directors of insurance companies in their individual capacities. The complaint does not purport ... insurance on termination of employment to an individual policy at attained age without evidence of insurability ...

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    • Authors: B. M. Anderson
    • Date: Oct 1953
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Annuities>Group plans - Annuities; Life Insurance; Public Policy