Description: Read the June 2016 issue of Taxing Times.

Description: A review of the Flesch formula for measuring the readability of insurance policies

Description: Discusses pending and possible changes in the evolution of professional development and public policy.

Description: Column discussing developments in insurance accounting from January - March.

Description: This article consists of excerpts from the author’s presidential address to the Southeastern Actuaries’ Club on November 21, 1980. The author notes ‘the only thing we could all possibly agree on today about the economic situation is that the degree of uncertainty is high,’ and ‘it is this uncertainty that presents us actuaries with professional problems which cannot be addressed by traditional methods.’ In explaining how we can deal with inflation and uncertainty the author argues for repeal of both the Standard Valuation Law and the Standard Nonforfeiture Law.

Description: This is the first of two articles discussing the model laws governing minimum reserves and non-forfeiture values that the NAIC adopted in December 1980. The author, Chairman of the NAIC Technical Task Force on Valuation and Nonforfeiture Value Regulation, in this first article describes the objectives of the revision, which include updating assumptions, increasing flexibility, and improving the ability to deal with new types of products, the cooperative effort entailed, the actuary’s role and responsibilities in doing business under the new law, and the financial impact.

Description: A discussion of the market opportunities for offering Stable Value Funds across the world.

Description: Article on two key issues affecting life actuaries in Malaysia: RBC and Takaful licenses.

Description: This article discusses the the 1998 alternartive XXX model regulations and the potential tax impact on the definition of life insurance and on reserve deductions associated therewith.

Description: Discussion of the prospect of federal insurance regulation.