Nonforfeiture Modernization Work Group

The Nonforfeiture Modernization Work Group (formerly the Nonforfeiture Improvement Work Group) is studying the feasibility of a new nonforfeiture law for life insurance and annuities to replace the existing standards. The scope of the group’s work include a historical review of existing life and annuity nonforfeiture requirements, an analysis of their applicability to products in the current and potential future life and annuity marketplace, and the development of a set of recommendations for a revised approach to nonforfeiture, to be presented to the NAIC's Life and Health Actuarial Task Force.

Staff liaison: John Meetz

Chairperson: John MacBain
Noel Abkemeier
Mary Bahna-Nolan
Thomas Berry
Eric Carlson
Armand De Palo
Anthony Ferraro
Alice Fontaine
Barbara Gold
Andrew Gordon
David Hippen
Barbara Lautzenheiser
Brian Lessing
Douglas Lubliner
Stephen McNamara
Donna Megregian
Cande Olsen
Nicholas Pasyanos
Sandra Potasky
Tomasz Serbinowski
Mark Shickler
Randall Stevenson
Wayne Stuenkel
P Andrew Ware