NAIC
Federal Oversight of the Insurance Industry
Federal Oversight of the Insurance Industry Q: Does the NAIC get anything done without pressure from Congress? Senator Magnuson in one hearing made a comment that I think is germane. Maybe these hearings might have an effect on the states doing their job, and that is I think the description of the way that many…
Read MoreNAIC – Press Releases
NAIC – Press Releases 2008 0916 – NAIC – Press Release – Insurance Consumers Protected by Solvency Standards – West Virginia – 3p 66 Insurance Consumers Protected by Solvency Standards, NAIC press Release September 16 2008 2014 1008 – Starr International Company, Inc. v. The United States – Case 1:11-cv-00779-TCW – Trial Volume 8 – Geithner – 254p -…
Read MoreNAIC – Securities Lending
Securities Lending – NAIC re: Bond Lending / [Securities Lending] There was also some discussion of the lack of liquidity associated with this program and it was felt that that is certainly consideration which must be taken into effect by companies contemplating such transactions. 1986-1, NAIC Proceedings – Minutes Working Group on Emerging Issues Chicago Illinois -…
Read MoreNAIC – Groups – Index
NAIC – Groups – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A ACLI – TRG – Technical Resource Goup, Industry – Illustrations – NAIC Advertising of Insurance Committee – (H) – NAIC AIG Special Task Force – (EX) – NAIC Annuity Suitability Working Group – (A) – NAIC AUWG – Accelerated Underwriting Working Group – (A) – NAIC Back to…
Read MoreAIG – NAIC
AIG – NAIC 2008-3, NAIC Proceedings – AIG Special (E) Task Force Reporting to the Financial Condition (E) Committee 2009-2, NAIC Proceedings AIG Managing (EX) Task Force AIG Life (EX) Working Group Form A (EX) Subgroup Credit Default Swap (EX) Working Group Insurance Regulators – 2008 Financial Crisis 2008 – NAIC President – Sandy Praeger…
Read MoreNAIC – The AIG Life Insurance Companies Were Fine
NAIC – The AIG Life Insurance Companies Were Fine Joel Ario (PA Insurance Commission) – Terri Vaughan – Eric Dinallo – Michael McRaith –
Read MoreNAIC – It Was AIG Financial Products
NAIC – It Was AIG Financial Products 2011 1116 – GOV (House) – Insurance Oversight and Legislative Proposals – [PDF-131p Ms. VELAZQUEZ: So you are telling me that the collapse of AIG didn’t send shock waves throughout the— Mr. TORTI (NAIC-RI): It absolutely did send shock waves, but that was the financial services division of AIG that…
Read MoreNAIC – Lobbyist
NAIC – Lobbyist To: Commissioner William H.L. Woodyard, Arkansas From: Commissioner Ed Birrane, Maryland Date; June 15, 1980 Re: Federal Intervention in Insurance Regulation A ‘motion to reconsider later failed by about ten votes. It seems to me sad that we were unable to swing one vote or that the NAIC was not aware (evidently)…
Read MoreNAIC – CEOs
NAIC – CEO List Michael Consedine – NAIC CEO – January 2017 to Current, as of 2022 content.naic.org/about/michael-consedine Aegon, Transamerica, FACI Insurance Commissioner – Pennsyvania – 2011-2015 Ben Nelson – NAIC CEO – 2013 to 2016 Insurance Commissioner – Nebraska Senator Book – Terri Vaughan – NAIC CEO – 2009 to 2012 CEO – 2009…
Read MoreNAIC – Market Conduct
NAIC – Market Conduct The NAIC Examination (A6) Subcommittee, in 1974, recommended the establishment of a “separate and distinct” program of surveillance to ensure fair treatment of policyholders. Thus was “market conduct” born. The term “market conduct” has, however, fallen upon bad times. 1991-2A, NAIC Proceedings G. Criteria for Collaboration The following questions are designed…
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