Category: NAIC
Aug 16, 2012
In her written comments submitted for the August 9, 2012 National Association of Insurance Consumers (“NAIC”) public hearing on private lender-placed insurance, Florida Insurance Consumer Advocate Robin Smith Westcott suggested that the tools available through market conduct reviews might be …
Jul 11, 2012
While no model laws under current development are expected to be approved by the National Association of Insurance Commissioners (“NAIC”) during its upcoming 2012 Summer National Meeting, the organization’s various committees, working groups and task forces will convene and …
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”). …
Jun 28, 2012
The National Association of Insurance Commissioners (“NAIC”) has scheduled a public hearing on Thursday, August 9, 2012 from 1:00 p.m. to 5:00 p.m. to further discuss the use of lender-placed insurance and the effect of the practice on consumers. …
Jun 6, 2012
After its meeting yesterday, June 5, 2012, the National Association of Insurance Commissioners (“NAIC”) Auto Insurance Study Group (“Study Group”) requested comments and recommendations on a proposed Draft Work Plan designed to review issues relating to low-income households and …
Mar 27, 2012
The National Association of Insurance Commissioners (“NAIC”) recently held its Spring 2012 National Meeting in New Orleans, Louisiana. On the final day of the event, which took place from March 3 through March 6, the NAIC’s Executive Committee and Plenary …
Dec 23, 2011
The National Association of Insurance Commissioners issued the following news release on December 22, 2011: The National Association of Insurance Commissioners (“NAIC”) Signs Memorandum of Understanding With Centrale Bank van Curacao en Sint Maarten Agreement Enhances Global Regulatory …
Nov 22, 2011
During its November 3-6, 2011 Fall National Meeting, the National Association of Insurance Commissioners (“NAIC”) Executive Committee reviewed progress on the amendment of various model laws, including the Credit for Reinsurance Model Law (#785) and Credit for Reinsurance Model …
Oct 17, 2011
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 …
Sep 16, 2011
The National Association of Insurance Commissioners (“NAIC”) Corporate Governance Working Group (“Group”), part of the NAIC Executive Committee, met via teleconference today, September 16, 2011, to review a preliminary draft of U.S. regulatory corporate governance requirements. After the Group …