Category: National News
Sep 25, 2009
The National Association of Insurance Commissioners (“NAIC”) Rating Agency Working Group held a public hearing on Thursday, September 24, 2009 entitled “The Role of Rating Agencies in State Insurance Regulation,” during which the following topics were discussed: The use of …
Sep 25, 2009
The National Association of Insurance Commissioners’ (“NAIC”) Surplus Lines Task Force met on Wednesday, September 23, during the NAIC Fall 2009 National Meeting. The meeting summary reprinted below has been provided through the courtesy of Bernd G. Heinze, Esq., Executive …
Sep 21, 2009
United States Vice President Joe Biden is scheduled to address a special plenary session of the National Association of Insurance Commissioners (“NAIC”) tomorrow (September 22) during the NAIC Fall National Meeting in Washington D.C. An NAIC press release on the …
Sep 14, 2009
As part of the continued discussions regarding credit-based insurance scores, the National Association of Insurance Commissioners (“NAIC”) is seeking input regarding the concept of regulating entities that provide credit-based insurance scores as advisory organizations. According to the NAIC, the information …
Sep 11, 2009
The National Association of Insurance Commissioners (“NAIC”) will hold a September 24, 2009 public hearing on credit rating agencies as part of a comprehensive evaluation of the reliance upon Nationally Recognized Statistical Rating Organizations (“NRSROs”) by the NAIC, the insurance …
Sep 10, 2009
The Property and Casualty Reinsurance Study Group of the National Association of Insurance Commissioners Financial Condition Committee has scheduled a public hearing on the transfer of property and casualty reinsurance agreements in run-off. Review of the issue is part …
Sep 9, 2009
The National Association of Insurance Commissioners (“NAIC”) Reinsurance Task Force will hold a conference call on Tuesday, September 15, 2009 at 11:00 a.m. (EST), during which an updated draft version of the Reinsurance Regulatory Modernization Act of 2009 will be …
Sep 3, 2009
The National Association of Insurance Commissioners (“NAIC”) Fall 2009 National Meeting is scheduled for September 21 – 24, 2009 in Washington, D.C. at the Gaylord National Hotel and Convention Center. The meeting agenda and an official Preview have been published …
Jul 30, 2009
The National Association of Insurance Commissioners (“NAIC”) Reinsurance Task Force issued an updated draft of the Reinsurance Regulatory Modernization Act of 2009 on July 27, 2009. To view the draft, click here. This draft reflects changes to the March 24, …
Jul 29, 2009
The National Conference of Insurance Legislators (“NCOIL”) issued a summary of actions taken during its 2009 Summer Meeting, which was held from July 9-12, 2009, in Philadelphia. The NCOIL Summer Meeting Report is reprinted below. For more information on specific …