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NAIC Reviews Revised Drafts of ComFrame and International Capital Standard 2.0

USA - August 23 2018 On July 31, 2018, the International Association of Insurance Supervisors (IAIS) released the latest version of the Common Framework for the...

Michael L. Rosenfield, Jonathan J. Kelly, Ellen M. Dunn, Perry J. Shwachman, Andrew R. Holland.


NAIC Continues Working to Develop a Group Capital Calculation

USA - August 23 2018 The Group Capital Calculation (E) Working Group continued its development of a group capital calculation (GCC) as an analytical tool for regulators to...

Michael L. Rosenfield, Jonathan J. Kelly, Ellen M. Dunn, 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, Ellen M. Dunn, Perry J. Shwachman, Andrew R. Holland.


Property and Casualty Insurance (C) Committee Adopts Travel Insurance Model Act

USA - August 23 2018 The Property and Casualty Insurance (C) Committee adopted the Travel Insurance Model Act (NAIC Travel Model Act), which is intended to provide a...

Michael L. Rosenfield, Jonathan J. Kelly, Ellen M. Dunn, Perry J. Shwachman, Andrew R. Holland.


NAIC Takes Action to Begin Implementing the Covered Agreement

USA - August 23 2018 The Reinsurance (E) Task Force has proposed amendments to the NAIC's Credit for Reinsurance Model Law and the Credit for Reinsurance Model Regulation...

Michael L. Rosenfield, Jonathan J. Kelly, Ellen M. Dunn, Perry J. Shwachman, Andrew R. Holland.