Category: National News
Jul 2, 2009
The National Association of Insurance Commissioners (“NAIC”) Suitability of Annuity Sales Working Group issued an updated discussion draft on proposed revisions to the Suitability in Annuity Transactions Model Regulation (Model #275). The draft reflects changes to the May 26, 2009 …
Jun 26, 2009
The Quality Parts Coalition (“QPC”) announced that on Thursday, June 25, 2009, House Bill 3059, known as the “Access to Repair Parts Act,” was introduced in the United States House of Representatives by U.S. Representative Zoe Lofgren (D-California) while U.S. …
Jun 26, 2009
Jun 26, 2009
The National Association of Insurance Commissioners (“NAIC”) Life Insurance and Annuities Committee will meet with the Principles-Based Reserving Working Group and Solvency Modernization Initiative Task Force via teleconference on Tuesday, July 28, at 2:00 p.m. (EST). The registration call-in number …
Jun 26, 2009
The National Association of Insurance Commissioners (“NAIC”) held its Summer 2009 National Meeting from June 13-16, 2009, in Minneapolis. Action items on major issues discussed during the meeting are highlighted in the committee summaries below, along with hyperlinks to complete …
Jun 22, 2009
The National Conference of Insurance Legislators (“NCOIL”) will hold its Summer Meeting from July 9-12, 2009 in Philadelphia. To view the tentative meeting agenda, click here. To view the meeting materials packet, click here. NCOIL Committees scheduled to meet are …
Jun 19, 2009
The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group has issued a draft Implementation Commentary entitled “Guidelines for Regulations and Legislation on Workers’ Compensation Coverage for Professional Employer Organization Arrangements.” Comments are requested no …
Jun 17, 2009
Today, June 17, 2009, President Barack Obama, flanked by members of Congress, regulators and various White House administration officials announced a proposed overhaul on United States government oversight of financial markets, including the insurance sector, that is considered to be …
Jun 16, 2009
Jun 10, 2009
The National Association of Insurance Commissioners (“NAIC”) Life Risk-Based Capital Working Group, a subgroup of the Financial Condition Committee’s Capital Adequacy Task Force, will meet on Friday, June 12, during the NAIC’s 2009 Summer National Meeting in Minneapolis. To view …