Below is the June 2011 edition of Fitch Ratings’ “Insurance Insights” newsletter: The Insurance Insights newsletter provides a monthly round up of Fitch Ratings’ special reports, industry...
The following news release was issued by the National Conference of Insurance Legislators on June 23, 2011: NCOIL PRESIDENT AIMS FOR FACI ROLE Washington, DC, June 23, 2011-NCOIL President Rep....
The National Association of Insurance Commissioners (“NAIC”) Property & Casualty Risk-Based Working Group (“Working Group”) met briefly via teleconference on June 21, 2011 to finalize a...
After approving draft copies of key documents related to the Nonadmitted and Reinsurance Reform Act of 2010 and the Nonadmitted Multi-State Agreement (“NIMA”) at its June 10, 2011 teleconference meeting,...
As part of its scheduled meeting on Wednesday, June 22, 2011 at 2:00 p.m. (ET), the National Association of Insurance Commissioners’ (“NAIC”) Health Insurance Committee will discuss and consider for...
The Idaho Department of Insurance has advised that, effective July 1, 2011, Idaho law has been amended to permit producers and insurers of life, disability (health), and property and casualty insurance the ability to...
Final versions of Nonadmitted Insurance Multi-State Agreement (“NIMA”)-related documents approved during the June 10, 2011 Surplus Lines Implementation Task Force conference call have been distributed by...
At its June 10, 2011 teleconference, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) unanimously voted to adopt two key...
The Maryland Insurance Administration has issued its 2011 Report on the Use of Territories as a Rating Factor in establishing private passenger automobile insurance rates to the Maryland General Assembly. ...
After months of discussion, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force Clearinghouse Plan of Operation Subgroup (“Subgroup”) voted via...