Category: NAIC
Aug 25, 2011
The National Association of Insurance Commissioners (“NAIC”) announced today, August 25, 2011, that its Summer National Meeting scheduled for August 29 to September 1 in Philadelphia, Pennsylvania has been canceled due to Hurricane Irene’s threat to the area. An NAIC news …
Jul 28, 2011
The National Association of Insurance Commissioners (“NAIC”) will hold its 2011 Summer National Meeting from August 29 through September 1 in Philadelphia, Pennsylvania. During that time, the NAIC’s various committees and task forces will review preliminary 2012 charges and …
Jun 22, 2011
The National Association of Insurance Commissioners (“NAIC”) Property & Casualty Risk-Based Working Group (“Working Group”) met briefly via teleconference on June 21, 2011 to finalize a letter to the NAIC Examination Oversight Task Force (“Task Force”) on catastrophe modeling …
Jun 21, 2011
After approving draft copies of key documents related to the Nonadmitted and Reinsurance Reform Act of 2010 and the Nonadmitted Multi-State Agreement (“NIMA”) at its June 10, 2011 teleconference meeting, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines …
Jun 20, 2011
As part of its scheduled meeting on Wednesday, June 22, 2011 at 2:00 p.m. (ET), the National Association of Insurance Commissioners’ (“NAIC”) Health Insurance Committee will discuss and consider for adoption a draft of “coverage facts labels” developed by …
Jun 14, 2011
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 …
Jun 13, 2011
At its June 10, 2011 teleconference, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) unanimously voted to adopt two key measures related to the Nonadmitted and Reinsurance Reform Act of 2010 (“NRRA”). Regulatory …
Jun 3, 2011
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 …
May 20, 2011
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 …
May 17, 2011
The National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force Clearinghouse Plan of Operation Subgroup (“Subgroup”) met via teleconference today, May 17, 2011, to review a draft plan of operation for the Nonadmitted Insurance Multi-State Agreement (“NIMA”) …