Category: NAIC

On Thursday, August 14, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Catastrophe Reserve Working Group (“Working Group”) meeting to discuss comments received on the Voluntary Tax-Deferred Pre-Event Catastrophe Reserve Proposal (“Proposal”). To view a copy of the …

The National Association of Insurance Commissioners (“NAIC”) announced the public release of its Global Receivership Information Database (“GRID”). GRID contains data on more than 1,200 receiverships provided by insurance departments from all 50 states and the District of Columbia. In …

Recently, the National Association of Insurance Commissioners (“NAIC”) Catastrophe Modeling Issues Group (“CMI”) met to review progress on assigned projects. The CMI, a subgroup of the NAIC Casualty Actuarial and Statistical Task Force, was formed to examine aspects of how …

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”).  A Colodny Fass representative attended the open portion of the meeting, at which …

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”).  A Colodny Fass representative attended the open portion of the meeting, at which …

The National Association of Insurance Commissioners (“NAIC”) today, July 24, 2008, released testimony from four members given before the Oversight and Investigations Subcommittee of the U.S. House Committee on Energy and Commerce at a hearing titled, “Long-Term Care Insurance: Are …

The National Association of Insurance Commissioners (“NAIC”) has scheduled a joint interim meeting of its Financial Condition (E) Committee and International Solvency and Accounting (E) Working Group on September 3 and 4, 2008 at the Chicago O’Hare Airport Hilton in …

The National Association of Insurance Commissioners (“NAIC”) has issued a mandate requiring all insurers doing business in the State of Massachusetts to submit rate and form filings electronically via SERFF as of January 1, 2009. Insurers required to pay filing …