Category: National News
May 22, 2009
The National Association of Insurance Commissioners (“NAIC”) Suitability of Annuity Sales Working Group issued discussion drafts on annuity insurance producer training and suitability information exceptions, and requests comment by Monday, June 8. The discussion drafts, which are attached, reference the …
May 22, 2009
UPDTAED MAY 22, 2009 About TALF The Federal Reserve Board on November 25, 2008 announced the creation of the Term Asset-Backed Securities Loan Facility (TALF), a facility that will help market participants meet the credit needs of households and small …
May 21, 2009
The National Association of Insurance Commissioners (“NAIC”) Summer 2009 National Meeting is scheduled to be held from June 13-16, 2009, in Minneapolis. Major property and casualty, as well as life and health insurance-related issues on the meeting agenda are …
May 15, 2009
On Thursday, May 14, 2009, the National Association of Insurance Commissioners (“NAIC”) Annuity Disclosure Working Group (“Working Group”) of the Life Insurance and Annuities Committee met to discuss options for the disclosure of guaranty fund coverage to consumers. To view …
May 15, 2009
The National Association of Insurance Commissioners (“NAIC”) International Solvency and Accounting (EX) Working Group (“Group”) met via teleconference on May 14, 2009. The Group is charged with assisting the NAIC Executive Committee’s Solvency Modernization Initiative (EX) Task Force (“Task Force”). …
May 14, 2009
May 12, 2009
The National Association of Insurance Commissioners (“NAIC”) Catastrophe Reserve (C) Working Group (“Group”) met via teleconference on May 12, 2009. A subgroup of the Property and Casualty Insurance (C) Committee (“Committee”), the Group was formed for the purpose of reviewing …
May 7, 2009
The National Association of Insurance Commissioners (“NAIC”) Regulatory Framework (B) Task Force (“Task Force”), a subcommittee of the NAIC Health Insurance and Managed Care Committee, met via teleconference on May 7, 2009. The purpose of the meeting was to discuss …
May 5, 2009
On Thursday, April 30, 2009, the National Association of Insurance Commissioners (“NAIC”) Property and Casualty Insurance and Market Regulation and Consumer Affairs Committees jointly held a public hearing on the use of credit-based insurance scores. To view the hearing agenda, …
May 1, 2009