The National Association of Insurance Commissioners (“NAIC”) Property and Casualty Risk-Based Capital (E) Working Group (“Working Group”) met via teleconference on July 6, 2009. The Working Group...
Category: National News
NAIC Suitability of Annuity Sales Working Group Issues Discussion Draft For Comment By August 7
July 2, 2009
The National Association of Insurance Commissioners (“NAIC”) Suitability of Annuity Sales Working Group issued an updated discussion draft on proposed revisions to the Suitability in Annuity Transactions Model...
QPC Speaks Before U.S. Senate Judiciary Committee Staff in Support of Recent ‘Access To Repair Parts’ Legislation
June 26, 2009
Category Federal Regulatory Issues
The Quality Parts Coalition (“QPC”) announced that on Thursday, June 25, 2009, House Bill 3059, known as the “Access to Repair Parts Act,” was introduced in the United States House of Representatives...
NAIC Joint Life Insurance and Annuities Committee, Principles-Based Reserving Working Group and Solvency Modernization Initiative Task Force Meeting: July 28
June 26, 2009
Category NAIC
The National Association of Insurance Commissioners (“NAIC”) Life Insurance and Annuities Committee will meet with the Principles-Based Reserving Working Group and Solvency Modernization Initiative Task Force via...
NAIC Summer 2009 National Meeting Report
June 26, 2009
Category National Meetings
The National Association of Insurance Commissioners (“NAIC”) held its Summer 2009 National Meeting from June 13-16, 2009, in Minneapolis. Action items on major issues discussed during the meeting are...
NCOIL 2009 Summer Meeting Preview
June 22, 2009
Category NCOIL
The National Conference of Insurance Legislators (“NCOIL”) will hold its Summer Meeting from July 9-12, 2009 in Philadelphia. To view the tentative meeting agenda, click here. To view the meeting...
The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group has issued a draft Implementation Commentary entitled “Guidelines...
President’s Financial Regulatory Overhaul Would Establish National Insurance Office Within U.S. Treasury
June 17, 2009
Category Federal Regulatory Issues
Today, June 17, 2009, President Barack Obama, flanked by members of Congress, regulators and various White House administration officials announced a proposed overhaul on United States government oversight of financial...