Category: National News

 The National Conference of Insurance Legislators issued the following press release on July 22, 2009 regarding federal consideration of a credit default swaps regulatory overhaul:   Washington, DC, July 22, 2009 – As Congress moves to revamp the derivatives market, …

During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) adopted the a Resolution Opposing the Creation of a Federal Commission to Examine State Workers’ Compensation Laws.  An NCOIL press release regarding adoption of the Resolution is printed …

The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group has extended the deadline for comments on the draft Implementation Commentary entitled “Guidelines for Regulations and Legislation on Workers’ Compensation Coverage for Professional Employer Organization …

During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) adopted an amendment requiring insurers to grant credit scoring exceptions for victims of extraordinary life events to the Model Act Regarding Use of Credit Information in Personal Insurance.  …

During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) adopted the attached Resolution Favoring Continued State-Based Insurance Consumer Protection.  An NCOIL press release regarding adoption of the Resolution is printed below.   NCOIL REAFFIRMS STATES BEST SERVE …

During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) discussed its proposed Employee Misclassification of Workers’ Compensation Coverage Model Act. The NCOIL press release regarding the discussion is printed below. To view the proposed Employee Misclassification of …

During the 2009 Summer Meeting, the National Conference of Insurance Legislators (“NCOIL”) discussed its proposed Model Act Regarding Airbag Fraud and Model Act Regarding Motor Vehicle Crash Parts and Repair.  The NCOIL press release regarding the discussion is printed below. …

Reminder:  Comments on the The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group’s draft Implementation Commentary entitled “Guidelines for Regulations and Legislation on Workers’ Compensation Coverage for Professional Employer Organization Arrangements” are due no …

On Monday, July 6, 2009, the National Association of Insurance Commissioners (“NAIC”) Health Risk-Based Capital Working Group met to consider changes to the 2009 NAIC Health Risk-Based Capital Report (“Report”) for adoption, as well as hear an update on federal …

The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Risk-Based Capital (E) Working Group (“Working Group”) met via teleconference on July 6, 2009. The Working Group adopted the 2009 Property and Casualty Risk-Based Capital (“RBC”) Formula and Instructions Publication.  …