More industry names have weighed in on the recently introduced legislation to clarify the Nonadmitted and Reinsurance Reform Act (NRRA)...
The NAIC has adopted a Corporate Governance Annual Disclosure Model Act and supporting Model Regulation, which provides a means for insurance regulators to receive information on the corporate governance practices of US insurers...
The NAIC has adopted the XXX/AXXX Reinsurance Framework, which furthers plans to develop proposed changes to the insurer/captive regulations specific to XXX and AXXX transactions...
New bipartisan legislation to clarify the Non-Admitted Reinsurance Reform Act (NRRA) in relation to captive insurance has been introduced in the US Senate...
Fitch Ratings believes new requirements proposed by the National Association of Insurance Commissioners (NAIC) to subject corporate captive insurers to full accreditation standards could materially increase costs for these captives...
The National Association of Insurance Commissioners (NAIC) has launched an educational initiative about the role state-based insurance regulation plays in strengthening the US economy...
The NAIC Executive Committee has voted unanimously to accept the recommendation from its Governance Review Task Force to retain a consultant to assist in a comprehensive review of NAIC governance...