Description: Presented at April 1965 Spring Meeting. This is a series of reports on various topics: federal charter of American Academy of Actuaries, formation of the Canadian Institute of Actuaries, formation of a special committee on pensions, discussion of Medicare Bill HR 6675, California requirements for formation of a new life insurer.

Description: This is the presidential address by former President of the Society of Actuaries, Richard C. Guest. He discussed insurance supervision globally, with an emphasis on Canada and the United States.

Description: Discussion of the following topics pertaining to disability income and other health insurance: 1. What portions of the loss of income and of the expenses incurred are properly insurable? 2. What special problems are encountered in providing suitable coverage for the following: a Employees and dependents eligible under Group plans b Individuals employed or not employed and their dependents ineligible under Group plans c Aged persons. 3. Methods for companies to meet the problems of overinsurance arising from duplication of coverage or from other causes?

Description: This discussion looks at principles which should govern the determination of the respective proportions of earnings to be allocated to policyholders and stockholders, the level of contingency reserves and surplus which should be maintained, and looks at the extent to which the mandatory Security Valuation Reserve should affect the level of unassigned surplus.

Description: Discussion of the diversification activities of a number of life insurance companies. This includes the formation of, or acquisition of, property and casualty insurers, variable annuity companies, mutual fund management companies, banks, finance companies, leasing companies, real estate development companies, televisions and radio stations, newspapers, software consultants and other corporate enterprises. Discussion includes: 1. Activities really compatible with the llfe insurance product. 2. Activities otherwise compatible with corporate objectives or offering potentially large profit centers. 3. Activities which can be an excessive drain on corporate earnings and executive manpower 4. The actuary's role in these diversification activities. Then the discussion goes into a discussion of corporate planning models

Description: This discussion looks at ways non-government actuaries have served their government, the methods followed for recruitment of actuarial personnel for government service, recently developed mortality experiences and/or tables under government insurance, insurance department reviews of valuations, pensions plans and medical/hospital organization, and benefits for government actuaries.

Description: This paper discusses the following cases: Rudolph V. United States- concerning taxability of agent convention travel, State Board Insurance v. Todd Shipyards Corporation- concerning premium tax for unlicensed insurers, United Services Life Insurance Company v. Delaney- concerning aviation restrictions in a life insurance policy, Metropolitan Life Insurance Company v. Wood- concerning conditional approval, Hartford Live Stock Insurance Company v. Phillips- concerning livestock insurance with an undisclosed pre-existing condition, State Security Life Insurance Company v. Kinter- concerning the due date for monthly premiums to prevent lapsation.

Description: This discussion about group Life and group Accident and Health insurance covered over insurance, medical catastrophe coverage, conversion privilege, and the regulatory environment. From TRANSACTIONS OF SOCIETY OF ACTUARIES, 1953 VOL. 5 NO. 11.

Description: This far-ranging discussion of health insurance and employee pensions discussed expansion of health insurance plans to encompass the additional forms of medical care and treatment, intercompany studies of mortality and morbidity, accidental death coverage are written on a twenty-four-hour basis or as travel accident, dental care insurance, survivorship benefits, employer-sponsored death benefits incorporated into qualified pension plans, and other topics. From Transactions of Society of Actuaries 1963, Vol 15 Pt. 2

Description: This article summarizes the following insurance-related legal cases from 1951 and 1952: 1. Incontestable Clause-Effect of Death Within Period: Prudential Insurance Company v. Ruby, 2. Premium Tax-Annuity Considerations: Corporation Commission v. Equitable Life Assurance Society, 3. Murder of Insured by Beneficiary-Rights of Contingent Beneficiary: Beck v. West Coast Life Insurance Company, 4. Double Indemnity-Right to Autopsy-Demand within Reasonable Time: Reardon v. Mutual Life Insurance Company, 5. Insurance Commissioner-Limitations of Authority-Revocation of Company's License to do Business: Bankers Life and Casualty Company v. Cravey, 6. Effective Date of Policy-Date for Payment of Renewal Premiums: Lentin v. Continental Assurance Company, 7. Group Insurance-Bank Depositors: Mutual Bank & Trust Company v. Shaffner, 8. Killing of Insured by Beneficiary-Rights of Contingent Beneficiary: Bullock v. Expressmen's Mutual Life Insurance Company, 9. Aviation Exclusion-Conflict with Incontestable Statute: Jordan v. Western States Life Insurance Company, 10. Creditors' Rights-Endowment Contract-Exemption Statute: Fox v. Swartz, 11. Settlement Option-Testamentary Disposition: Hall v. Mutual Life Insurance Company, and 12. Aviation Exclusion-Aeronautic Flight: Aetna Life Insurance Company v. Reed. From Transactions of Society of Actuaries 1952, Vol. 4, No. 8.