Description: This section presents and summarizes major insurance-related legal cases of 1957, including a case regarding interpretation of the Soldiers' and Sailors' Civil Relief Act of 1940 with amendments, FIT deduction of group disability benefits, FTC jurisdiction over advertising, group life employee ineligibility and incontestable clause, date of reinstatement, and claims issues.

Description: This paper is a discussion on miscellaneous topics such as 1. if the new form annual statement proposed by a subcommittee of the Blanks Committee of the NAIC involves any problems and 2. what factors have prompted life insurance to consider entering the personal accident and the health insurance field. From Transactions of Society of Actuaries 1951, Vol. 3, No. 6.

Description: This paper, written at the request of the chairman of the Society's special committee, contains a description of the data, methods, and principles used to determine the proposed new expense formulas for minimum nonforfeiture values. A discussion of the paper follows. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: This paper examines the following cases from 1963: 1.MISREPRESENTATION CHOICE OF LAW: Fleet Messenger Service v. Life Insurance Company of North America, 2. LIABILITY FOR NEGLIGENT DELAY CONFLICT of LAWS:Lowe's North Wilkesboro Hardware v. Fidelity Mutual Life Insurance Company, 3. MISREPRESENTATION SUBSTANDARD POLICY: Turner v. Manhattan Life Insurance Company, 4. AVIATION RESTRICTION DEATH BY DROWNING AFTER CRASH: Rauch vs. Underwriters at Lloyd's of London, 5. LIFE INSURANCE FEDERAL INCOME TAX-TAX EXEMPT INTEREST: Atlas Life Insurance Company vs. United States of America, 6. DIVIDEND LESS THAN ANNUAL PREMIUM- DUTY OF INSURER TO APPLY DlVIDEND: Simmons 9. Cambridge Savings Bank, 7. ACCIDENTAL MEANS HEART ATTACK CAUSED BY EXERTION: Linden Motor Freight Company v. Travelers Insurance Company

Description: Task Force report on life insurance company sales illustration practices from the perspective of the consumer. The study analyzes how well current illustration practices serve their primary functions of: 1. showing the consumer their policy values and premium payments over time, and 2. projecting best estimates of future performance and providing cost and performance comparisons with other policies.

Description: This paper discusses the determination of term insurance reserves in the United States for individual life insurance policies. A valuation method that appears to produce better results than the net level premium reserve or the CRVM is the changing premium valuation method CPVM. From Transactions of Society of Actuaries 1978, Vol. 30.

Description: This Report presents the results of a three-year study on Demutualization by a Task Force of the Society of Actuaries. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: Description of the consulting segment of the actuarial profession as it now exists in Canada and the United States, the environment in which it has developed, and some of the unresolved problems and possible future developments. Followed by discussion papers submitted by 2 authors

Description: This is a discussion of the paper, 'Life Agents' Retirement Plans under New York State Expense Limitations' by Peter M. Tompa. This discussion amplifies the paper with regards to comparison of funding retirement with single premium deferred annuities as opposed to the money purchase method and critiques the table used for valuation of benefits.

Description: This paper offers a mathematical discussion of integrating private pension plans with social security and looks at IRS rules, earnings replacement by social security, integrating defined benefit and defined contribution plans, early retirement, target plans, discrimination test and other issues. From Transactions of Society of Actuaries 1976, Vol. 28.