Description: Small Talk Newsletter, June 2005, Issue No. 24. Last fall, the Internal Revenue Service IRS released Notice 2004-61, 2004-41 I.R.B. 596 October 12, 2004, interpreting the reasonable mortality charge requirement applicable to life insurance contracts under Section 7702 of the Internal Revenue Code.

Description: This article details the IRS' Revenue Ruling 2005-6. This ruling provides formal guidance on how to treat family term riders for purposes of the computational limit calculations in Internal Revenue Code IRC sections 7702 and 7702A i.e., calculations of net single premiums, guideline single premiums, guideline level premiums and 7-pay premiums. From Small Talk Newsletter, June 2005, Issue No. 24.

Description: Two committees continue work on experience studies that will provide a basis for new valuation mortality tables. This is an article about preferred and preneed valuation and the activity of these two committees to date.

Description: Discusses Aug. 23, 2007, meetings in Salt Lake City, Utah, about principles-based approach for both reserves and risk-based capital, RBC.

Description: This article discusses regulatory proposals and developments at both the state and federal level that call for small insurer vigilance.

Description: A discussion of the events of the NAIC Summer National Meeting in Seattle.

Description: Peer Review by Ken Hartwell from Smaller Consulting Firm Section, June 2003, Issue No. 2.

Description: The author encourages actuaries to develop their non-technical skills and notes the activities of the Management and Personal Development Section that can help in that regard.

Description: Managerially Speaking: Why Is the Machine Leaking? by Marcel Gingras from The Stepping Stone Newsletter, October 2004, Issue No. 16.

Description: The author gives advice on how to sell your point of view using two basic concepts: having conviction about the value you are providing and remianing completely detached from the results.