Category: Executive Committee

  The National Association of Insurance Commissioners’ (“NAIC”) announced today, July 28, 2015, that its Cybersecurity Task Force (“Task Force”) will be coordinating with state insurance regulators to conduct examinations of insurers for the purpose of verifying whether companies are …

The National Association of Insurance Commissioners (“NAIC”) adopted revisions to its Insurance Holding Company System Regulatory Act and Actuarial Guideline 48 (“AG 48”) during a teleconference meeting of the NAIC’s Executive Committee/Plenary yesterday, December 16, 2014.  Seven foreign supervisory authorities …

  Florida Insurance Commissioner Kevin McCarty will represent the National Association of Insurance Commissioners (“NAIC”) on the International Association of Insurance Supervisors (“IAIS”) Executive Committee, along with Connecticut Insurance Commissioner Thomas Leonardi. The decision by the NAIC Executive Committee and …

  The National Association of Insurance Commissioners (“NAIC”) Executive Committee and Plenary adopted the Risk Management and Own Risk and Solvency Assessment (“RMORSA”) Model Act, along with revisions to Actuarial Guideline XXXVII (“AG 38”) at a joint meeting yesterday, September …

  The National Association of Insurance Commissioners (“NAIC”) Executive Committee (“Committee”) and Plenary met jointly via teleconference on October 11, 2011.  This meeting was in lieu of the one scheduled during the NAIC 2011 Summer National Meeting, which was canceled …

  Final versions of Nonadmitted Insurance Multi-State Agreement (“NIMA”)-related documents approved during the June 10, 2011 Surplus Lines Implementation Task Force conference call have been distributed by the National Association of Insurance Commissioners. These include: The Nonadmitted Insurance Reform Sample …

  After months of discussion, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force Clearinghouse Plan of Operation Subgroup (“Subgroup”) voted via teleconference today, June 3, 2011, to approve a draft Plan of Operation (“Plan”) for the …

  The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) met via teleconference today, May 20, 2011, to receive and consider interested party comments on a model advisory bulletin (“bulletin”) designed to outline nationwide regulatory …

  During an April 21, 2011 teleconference, the National Association of Insurance of Insurance Commissioners (“NAIC”) Surplus Lines Task Force (“Task Force”) approved for a 21-day written comment period a model advisory bulletin designed to outline nationwide regulatory changes that will affect …

The following news release was issued by the National Association of Insurance Commissioners on April 14, 2011: NAIC Capital Markets Bureau:  2010 CMBS Assessments Produce Little Impact on Insurer Capital Requirements   WASHINGTON, D.C. (April 14, 2011) – The Capital …