Description: This paper, presented at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., provides the results of an experience study of first year lapse and “default” rates on ordinary insurance, where the author, Norman F. Buck, has defined “default” rate as a rate including the sum of first year lapses, not takens, and cancellations as of the issue date. The paper includes written discussion and the author’s review of the discussion. From the 1960 Transactions Vol. 12, No. 33.

Description: This discussion looks at new products and special markets. From Transactions of Society of Actuaries 1967, Vol. 19, Pt. 2, No. 55.

Description: This discussion focuses on dividends and raises the following questions: Are the traditional three-factor and experience-premium methods o[ distributing surplus adequate for the achievement of equitable results under present conditions? What other methods are being used or considered? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This discussion at the SOA 1968 Philadelphia Regional Meeting looks at research on agency operations and actuarial involvement.

Description: This is a critique of J.M. Belth's book titled The Retail Price Structure In American Life Insurance.

Description: This discussion looks at the conclusions drawn from the Double Indemnity Study in mortality rates, noting a wide variation between companies. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.