Description: Discussion of recent economic, social and political environment and trends and the impact they have had on insurance regulation and needed changes in the regulations and regulatory process.

Description: This paper describes methods adapted to the computer for calculating premiums and nonforfeiture values separately for each policy at its original issue and for as many changes in the policy as may be made later. It also discusses current insurance law, underwriting, substandard issues, dividends and sales illustrations. From Transactions of Society of Actuaries 1976, Vol. 28.