Category: Group Solvency Issues Working Group
Jul 30, 2015
Above: Colodny Fass’ Claude Mueller Notes the NAIC’s Conclusion of its ORSA Pilot Project; Florida ORSA Legislation Expected Florida is among a growing minority of states that have yet to implement the National Association of Insurance Commissioners’ (“NAIC’s”) Risk …
Feb 13, 2015
Proposed amendments to three sections of the National Association of Insurance Commissioners’ (“NAIC’s”) 2015-2016 Financial Analysis Handbook were released for public comment by the Group Solvency Issues Working Group (“Working Group”) after its meeting today, February 13, 2015. The …
Feb 6, 2015
The National Association of Insurance Commissioners’ (“NAIC’s”) Group Solvency Issues Working Group (“GSI Working Group”) will meet on February 13, 2015 at noon (ET) to continue deliberating possible amendments to the Insurance Holding Company System Regulatory Act (#440) and …
Oct 17, 2014
The National Association of Insurance Commissioners (“NAIC”) Group Solvency Issues Working Group (“Working Group”) has scheduled an October 24, 2014 conference call to redraft proposed changes to the NAIC Insurance Holding Company Model Act (#440). To view the meeting …
Jun 16, 2014
In its ongoing discussions on the the appropriate scope, form, and accounting basis for group-wide financial reporting and the use of such reports, the National Association of Insurance Commissioners (“NAIC”) Group Solvency Issues Working Group (“Working Group”) has narrowed …
Jun 2, 2014
Comments on recommended changes to the National Association of Insurance Commissioners’ (“NAIC”) Insurance Holding Company Model Act and Regulation, the NAIC’s Financial Analysis Handbook, and a proposed new annual statement supplement designed to obtain insurance group-level information are expected …
Jul 10, 2012
The National Association of Insurance Commissioners (“NAIC”) Group Solvency Issues Working Group (“Working Group”) met via conference call on June 29, 2012, during which members discussed revisions to the NAIC’s draft Own Risk and Solvency Assessment Model Act (“ORSA”). …
Feb 7, 2011
In an update issued today, February 7, 2011, Missouri Department of Insurance Director John Huff and Texas Senior Associate Commissioner Danny Saenz announced their planned activities for the coming year as Co-Chairs of the National Association of Insurance Commissioners …
May 24, 2010
The Group Solvency Issues Working Group (“GSIWG”) of the National Association of Insurance Commissioners’ (“NAIC”) Solvency Modernization Initiatives Task Force met on May 21, 2010 to finalize drafts of revisions to the Insurance Holding Company System Regulatory Act (#440) …
Apr 19, 2010
Though a national task force of state insurance regulators earlier this month rejected the idea of requiring insurers to account for services provided by unregulated affiliates at actual cost or less, the idea may yet resurface as a “best practice” …