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NAIC Adopts Group Capital Calculation and Related Amendments to Insurance Holding Company Model Act and Regulation

USA - December 22 2020 On December 9, 2020, the Executive (EX) Committee and Plenary of the National Association of Insurance Commissioners (“NAIC”) adopted the Group...

Jared Wilner, Megan Kuzniewski.

NAIC’s Property and Casualty Insurance Committee Adopts Predictive Models White Paper

USA - December 21 2020 On December 8, 2020, the Property and Casualty Insurance (C) Committee (the “C Committee”) of the National Association of Insurance Commissioners...

Jared Wilner, Megan Kuzniewski.

NAIC Considers Potential Amendments to the Nonadmitted Insurance Model Act

USA - December 21 2020 At the Fall 2020 National Meeting of the National Association of Insurance Commissioners (“NAIC”), which was held virtually, the Surplus Lines (C)...

Jared Wilner, Megan Kuzniewski.

NAIC Adopts Amendments to the Unfair Trade Practices Model Law to Allow Certain Rebating

USA - December 17 2020 On December 9, 2020, the National Association of Insurance Commissioners (“NAIC”) Executive (EX) Committee voted unanimously to adopt amendments to...

Jared Wilner, Megan Kuzniewski.

Potential Pandemic Business Interruption Federal Insurance Mechanism Considered at the NAIC Fall 2020 National Meeting

USA - December 15 2020 On December 8, 2020 at the National Association of Insurance Commissioners (NAIC) Fall National Meeting, the Center for Insurance Policy and Research...

Jared Wilner, Megan Kuzniewski.