The NAIC Annuity Disclosure (A) Working Group (Disclosure WG) and the NAIC IUL Illustration (A) Subgroup (IUL SG) continue to untangle the web of issues applicable to fixed index annuity and index ...

The NAIC Virtual Summer National Meeting marked that it is time to get back to school for a number of annuity and life disclosure and illustration initiatives. Both regulators and insurers will need ...

State regulators are close to adopting new rules to combat what they have been called “unrealistic” illustrations that companies offer with fixed annuities. If the regulations are adopted and ...

When filing a patent application it is extremely important to make sure that the invention is as fully described as possible. Patent attorneys say this all the time, but what does it really mean? How ...

State regulators plan one more conference call in a last-ditch effort to tighten up regulation of indexes used in indexed annuity illustrations. But the National Association of Insurance Commissioners ...

U.S. patent law requires a patent applicant to furnish at least one patent drawing (sometimes referred to as a patent illustration) of the invention whenever the invention is capable of illustration ...