Description: The New York State Insurance Department has appointed a committee to redraft and modernize its agent compensation law to account for new forms of insurance. The New York law, which has had a major effect on agent compensation since the early 1900s protects consumers from excessive expenses and generally has worked well.

Description: This session from the 1993 Valuation Actuary Symposium discusses issues unique to mutual life insurance companies including the definition of a true participating policy, cash flow testing for participating policies, dividends, asset allocation taxation, sources of free surplus for mutual companies and demutualization.

Description: This presentation is a concurrent session from the 1991 Meeting of the Society of Actuaries, held April 18-19 in New Orleans. The panelists discuss level term insurance, preferred risk underwriting, and the impact of proposed NAIC Actuarial Guideline XXX on statutory reserves. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Presents questions to actuaries who are experts in the field of actuarial valuation of insurance company assets and liabilities.