Category: National News

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has concluded the first half of its interim meeting regarding the NAIC’s Reinsurance Regulatory Modernization Proposal (“Proposal”).  A Colodny Fass representative attended the open portion of the meeting, at which …

The National Association of Insurance Commissioners (“NAIC”) today, July 24, 2008, released testimony from four members given before the Oversight and Investigations Subcommittee of the U.S. House Committee on Energy and Commerce at a hearing titled, “Long-Term Care Insurance: Are …

The National Association of Insurance Commissioners (“NAIC”) has scheduled a joint interim meeting of its Financial Condition (E) Committee and International Solvency and Accounting (E) Working Group on September 3 and 4, 2008 at the Chicago O’Hare Airport Hilton in …

The National Association of Insurance Commissioners (“NAIC”) has issued a mandate requiring all insurers doing business in the State of Massachusetts to submit rate and form filings electronically via SERFF as of January 1, 2009. Insurers required to pay filing …

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”)  has scheduled an interim meeting in New York on July 23-25, 2008 concerning the Reinsurance Regulatory Modernization Proposal (“Proposal”) currently under consideration by the Task Force and interested parties. The …

On Tuesday, July 15, 2008, the National Association of Insurance Commissioners (“NAIC”) Life Insurance and Annuities Committee (“Committee”) held a meeting to discuss comments received from interested parties regarding the July 9, 2008 draft of the proposed Model Regulation on …

The National Conference of Insurance Legislators (“NCOIL”) issued the press release below regarding its adoption this week of a resolution reiterating the success of its 2002 Model Act Regarding Use of Consumer Credit Information in Personal Insurance and opposing two pending …

Representative Keiser (ND) received unanimous support today from the NCOIL property and casualty insurance subcommittee for his resolution that opposes any federal legislation that would restrict a state’s law making ability regarding the use of credit scores in rate making. …

The National Association of Insurance Commissioners (“NAIC”) Reinsurance (E) Task Force (“Task Force”) has scheduled an open interim meeting for July 23-25, 2008 in New York, NY. The Task Force previously met during 2008 in multiple regulator-to-regulator formats where development of the Reinsurance …