Category: NAIC

The National Association of Insurance Commissioner’s (“NAIC”) Casualty Actuarial and Statistical (C) Task Force has adopted its 2008 regulatory guidance on the Statement of Actuarial Opinion and the Actuarial Opinion Summary. The documents have been sent to the American Academy …

On Wednesday, October 15 and Thursday, October 16, 2008, the National Association of Insurance Commissioners (“NAIC”) held meetings of the Valuation Method Principles-Based Reserve Life and Reinsurance Subgroups (“Life Subgroup” and “Reinsurance Subgroup”) of the Life and Health Actuarial Task …

On Tuesday, October 14, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Casualty Actuarial and Statistical Task Force (“Task Force”) meeting. Agenda items considered for adoption included regulatory guidance documents and the Auto Database Report. To view the …

On Friday, October 10th, 2008, the National Association of Insurance Commissioners (“NAIC”) held a Health Risk-Based Capital (E) Working Group Meeting. The NAIC, through its Health Risk-Based Capital (“RBC”) Working Group has asked the American Academy of Actuaries (“AAA”) Medicare …

The National Association of Insurance Commissioners (“NAIC”) Fall 2008 National Meeting was held from September 22-24, 2008, in Washington, DC. The NAIC Fall 2008 National Meeting Committee Summaries Report, compiled by Dixon Hughes PLLC Insurance Services Group, can be viewed …

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 …