News & Info

Learn more about the benefits of fee-only insurance advice and how other insurance issues may affect you. Witt Actuarial Services founder Scott Witt is a sought-after media resource for his points of views and expertise on life insurance and related issues. Additionally, he’s a frequent speaker and writer on these topics.

News & Info Quicktab

Published on 06/01/2009
Published on 09/22/2008

Financial advisers could soon find themselves paying more for AIG's variable annuities.

Published on 09/18/2008

The federal takeover of insurance giant AIG has consumers wondering: How safe is my insurance policy?

Published on 08/28/2008

Consumers routinely shop for the best prices on smaller ticket items such as appliances and electronics, and some may even drive miles out of their way to get the best price on gasoline.

Published on 04/22/2008

Life insurance industry critics like to say that the industry will never change, that it completely deceives consumers and should be junked for a fresh start.

 

Published on 03/30/2008

Q: I'm almost 61 and still working, but plan to retire 15 months from now. I have no debt and make about $28,000. Did I mention I hate my job and have for 39 years? So I would rather live in a cardboard box than keep working.

Published on 02/17/2008

With home equity tapped and investment yields down, some income-hungry retirees may be tempted to siphon cash from permanent life insurance policies.

Published on 09/30/2015

On Monday, September 28, 2015, the Wall Street Journal published the article "The 'Hot Hand' Debate Get

Published on 03/20/2015

[EDIT: See the edit at the bottom of the piece that was added to reflect that a settlement was reached.]

Published on 09/15/2014

In recent months at least two papers on this topic have been released. Ralph Koijen and Motohiro Yogo issued “Shadow Insurance” in April 2014, and Scott Harrington released “The Use of Captive Reinsurance in Life Insurance” in May 2014.

Published on 09/12/2014

If you are like many consumers, you probably give your insurance agent and insurance company the benefit of the doubt.

Published on 09/12/2014

Life insurance companies know that consumers like you place tremendous value on life insurance illustrations when choosing a policy and when making decisions regarding inforce policies – way more value than you probably should in fact.

Published on 09/12/2014

Think that life insurance illustration you are looking at might be too good to be true? It just might! We have seen a number of illustrations lately that have little or no chance of coming to fruition.

Published on 09/12/2014

Many of your clients may naively assume that their interests are aligned with their agent and their insurance company, or at least that the agent and company are neutral.

Published on 09/12/2014

We have recently seen a number of illustrations that highlight the importance of the oft-repeated mantra within the actuarial community: The Illustration is Not the Product!

Published on 09/12/2014

We continue to see a disturbing amount of non-guaranteed life insurance illustrations that defy all logical explanation.

Published on 06/01/2009
Published on 09/22/2008

Financial advisers could soon find themselves paying more for AIG's variable annuities.

Published on 09/18/2008

The federal takeover of insurance giant AIG has consumers wondering: How safe is my insurance policy?

Published on 08/28/2008

Consumers routinely shop for the best prices on smaller ticket items such as appliances and electronics, and some may even drive miles out of their way to get the best price on gasoline.

Published on 04/22/2008

Life insurance industry critics like to say that the industry will never change, that it completely deceives consumers and should be junked for a fresh start.

 

Published on 03/30/2008

Q: I'm almost 61 and still working, but plan to retire 15 months from now. I have no debt and make about $28,000. Did I mention I hate my job and have for 39 years? So I would rather live in a cardboard box than keep working.

Published on 02/17/2008

With home equity tapped and investment yields down, some income-hungry retirees may be tempted to siphon cash from permanent life insurance policies.

Published on 06/10/2002
Published on 09/15/2014

In recent months at least two papers on this topic have been released. Ralph Koijen and Motohiro Yogo issued “Shadow Insurance” in April 2014, and Scott Harrington released “The Use of Captive Reinsurance in Life Insurance” in May 2014.

Published on 09/12/2014

If you are like many consumers, you probably give your insurance agent and insurance company the benefit of the doubt.

Published on 09/12/2014

Life insurance companies know that consumers like you place tremendous value on life insurance illustrations when choosing a policy and when making decisions regarding inforce policies – way more value than you probably should in fact.

Published on 09/12/2014

Think that life insurance illustration you are looking at might be too good to be true? It just might! We have seen a number of illustrations lately that have little or no chance of coming to fruition.

Published on 09/12/2014

Many of your clients may naively assume that their interests are aligned with their agent and their insurance company, or at least that the agent and company are neutral.

Published on 09/12/2014

We have recently seen a number of illustrations that highlight the importance of the oft-repeated mantra within the actuarial community: The Illustration is Not the Product!

Published on 09/12/2014

We continue to see a disturbing amount of non-guaranteed life insurance illustrations that defy all logical explanation.

Scott Witt is a frequent presenter in issues related to life insurance, annuities and other related topics. He has spoken at national, regional and local chapter conferences, symposiums and study groups, as well as in-house educational sessions at law and financial planning firms, and life insurance companies. Scott also participates regularly in webinars.

Organizations that have engaged Scott include National Association of Personal Financial Advisors (NAPFA), Financial Planning Association (FPA), and several Estate Planning Council and state Bar Association chapters.

Presentation topics have included:

  • Solving Life Insurance Mysteries to Benefit Your Client
  • Risk Management: The Role and Optimization of Insurance & Annuities
  • The Evaluation of Permanent Life Insurance Policies
  • Getting the Most Out of Permanent Life Insurance for Your Clients
  • Making Optimal Decisions Regarding Life Insurance
  • Actuarial Perspectives on Life Insurance, Annuities, and LTC Insurance
  • Actuarial Insights from a Fee-Only Insurance Advisor
  • Increasing Client Value Through the Use of a Fee-Only Insurance Advisor
  • The Changing Face of Life Insurance (Panel Discussion)
  • Looking Under the Hood: Understanding Product Design, Compensation, Pricing, and Inforce Management Issues That Help You Help Your Clients
  • Life Settlements Everywhere I Go: The Ins and Outs that Need to Be Considered Before Getting Involved As an Investor or Seller
  • Annuities: Immediate Fixed Annuities vs Variable Annuities with Living Benefit Riders

Please visit our contact page to request a member of the firm as a presenter at educational and institutional events.