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Regulatory Update NAIC Spring 2019 National Meeting

USA - May 8 2019 The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6...

Michael L. Rosenfield, Stephanie H. Dobecki, Andrew R. Holland.

NAIC Forms Working Group to Consider Insurance Regulatory Issues Related to Legalized Cannabis Business

USA - August 23 2018 Notwithstanding that an increasing number of states have legalized the recreational andor medical use of marijuana, the possession, production...

Michael L. Rosenfield, Jonathan J. Kelly, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.

NAIC Working Group Exposes Reports Regarding Bond Factors

USA - August 23 2018 The Investment Risk-Based Capital (E) Working Group heard a presentation from the American Academy of Actuaries (AAA), which continues to recommend...

Michael L. Rosenfield, Jonathan J. Kelly, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.

NAIC Continues its Evaluation of Insurers’ Use of Big Data

USA - August 23 2018 The NAIC is continuing its review of property and casualty insurers' use of predictive modeling in rate filings and is developing related guidance...

Michael L. Rosenfield, Jonathan J. Kelly, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.

NAIC Adopts Pre-Dispute Mandatory Arbitration Clauses Bulletin

USA - August 23 2018 The Market Regulation and Consumer Affairs (D) Committee adopted the Pre-Dispute Mandatory Arbitration Clauses Bulletin, which prohibits the use of...

Michael L. Rosenfield, Jonathan J. Kelly, Michael P. Goldman, Perry J. Shwachman, Andrew R. Holland.