Labels:book | reckoner | sky | tree OCR: Moreover, procedures have long existed to ameliorate any burden imposed upon the insurance industry from dual regula- tion For example insurance companies aTe currently permitted under state law segment their general account assets, allocating the invest ment incorne from spcific assets to particular lines business The power ot segmentation in general accounts to provide the administrative tracking and accountability already available to trusts and separate accaunts is clear from the descrip- tion af segmentation that follows: [segmentation] the insurer can allocate general ac- count assets various lines business defined classes of contract holders merely setting and maintaining memorandum accounts The segmenta- tion m ust be carried out and maintained equitable and consistent basis Segm e ...
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