UPDATE–NAIC Urgent Alert: Conference Call Scheduled To Discuss The Nonadmitted and Reinsurance Reform Act of 2007

UPDATE:  NAIC Reinsurance Task Force call-in information 

Please mark your calendar for a conference call of the Reinsurance Task Force scheduled for Wednesday, December 19, 2007 @ 10:00a.m. (Central Time)/ 11:00a.m. (Eastern)/8:00a.m. (Pacific), to discuss the
pending Federal Bill HR 1065/S 929.

Please call: 800-967-4633 to register (Chorus Call) 412-858-4600 to participate.

Confirmation number is: 00414489

 

The National Association of Insurance Commissioners (“NAIC”) has issued the following urgent bulletin and conference call notice:

U.S. Senators Mel Martinez and Bill Nelson have asked the NAIC to provide input on pending Federal Bill HR 1065/S 929, “The Nonadmitted and Reinsurance Reform Act of 2007.”

If enacted, this legislation will have a significant impact on how states are allowed to regulate reinsurance. 

The bill already has unanimously passed the U.S. House of Representatives.

The NAIC Government Relations Leadership Council has therefore instructed the Reinsurance Task Force to make recommendations to the Council on how the NAIC should respond to this legislation.

Please mark your calendar for a conference call of the Reinsurance Task Force to discuss the pending Federal Bill HR 1065/S 929 scheduled for Wednesday, December 19, 2007 at:

• 10:00a.m. (Central Time)
• 11:00a.m.(Eastern Time)
• 8:00a.m. (Pacific Time)

Additional information regarding this conference call will be forthcoming.

 

 

Should you have any questions or comments, please do not hesitate to contact this office.