Category: National News

The National Association of Insurance Commissioners (“NAIC”) will consider the full adoption of its Reinsurance Regulatory Modernization Framework Proposal during the 2008 NAIC Winter National Meeting to be held from December 5-7 in Dallas, Texas. The Proposal is expected to …

Recently, the National Association of Insurance Commissioners (“NAIC”) Casualty Actuarial and Statistical Task Force Statistical Issues Group (“Group”) met to discuss the Guideline for Implementation of Medical Professional Liability Closed Claim Reporting (“Guideline”) and offer recommendations on the ongoing collection …

The National Association of Insurance Commissioners (“NAIC”) recently held a Catastrophe Modeling Subgroup of the Casualty Actuarial and Statistical Task Force (“Subgroup”) meeting to review progress on the use of catastrophe models in ratemaking assignments. This meeting was held in …

The National Conference of Insurance Legislators (“NCOIL”) issued the media release reprinted below today, September 19, 2008 after U.S. House Speaker Congresswoman Nancy Pelosi (D-CA) removed H.R. 5840, also known as the “Insurance Information Act of 2008,” from the September 17 House suspension calendar. …

On Wednesday, September 17, 2008, a representative of this office participated in a conference call meeting of the Suitability of Annuity Sales Working Group of the Life Insurance and Annuities(A) Committee of the National Association of Insurance Commissioners (“NAIC”) (“the …

Ramon Calderon, Chairman of the National Association of Insurance Commissioners (“NAIC”) International Solvency & Accounting Working Group has requested that comments be submitted by September 18, 2008 (one day earlier than scheduled) on the Discussion Paper draft of “Reducing Complexity …

On Wednesday, September 10, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Life Insurance and Annuities Committee (“Committee”) meeting. The agenda included the consideration and adoption of the Actuarial Guideline Commissioners Annuity Reserve Valuation Method for Variable Annuities …

On Wednesday, September 10, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Health Insurance and Managed Care Committee (“Committee”) meeting. The agenda included the consideration and adoption of a white paper on the Oversight of Medicare Private Plans …

On Tuesday, September 09, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Reinsurance Task Force (“Task Force”) meeting to discuss revisions made to the Reinsurance Regulatory Modernization Framework draft proposal (“Proposal”). To view the August 20 draft proposal …