LDWG – Life Disclosure Working Group – (A) – NAIC – Selections LDWG – Life Disclosure Working Group – (A) – NAIC  —  [BonkNote]   1982-2, NAIC Proceedings – [ULMR – Universal Life Insurance Model Regulation – MDL-585 – NAIC] This model began its development when an interested party* gave a brief description of the background and…

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LIAC – Life Insurance Committee – (A) – NAIC 2023 – NAIC – LIAC – Fall Meeting – 112p Agenda Item #4 – Hear a Presentation on Consumer Financial Literacy vs. Life Insurance and Annuities Illustrations —Birny Birnbaum (Center for Economic Justice—CEJ) and Brenda J. Cude (University of Georgia) 2020 1110 – LIAC – NAIC…

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NAIC – Groups – Outline NAIC – Groups NAIC – Groups – Index NAIC – Framework 2004 – Insurance Marketplace Standards (A) Working Group MARKET CONDUCT AND CONSUMER AFFAIRS SUBCOMMITTEE (EX3) Subgroup on the Unfair Trade Practices Act  UNFAIR TRADE PRACTICES ACT – MDL-880 MARKET CONDUCT SURVEILLANCE MODEL LAW  – MDL-693 MARKET CONDUCT RECORD RETENTION AND…

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International Insurance Relations (G) Committee – NAIC content.naic.org/cmte_g.htm content.naic.org/taxonomy/term/49 Virtual 2021 Spring National Meeting –  April 7, 2021 – 8p Virtual Meeting – May 5, 2021 – 8p Discussed NAIC Comments on the IAIS Draft Application Paper on Macroprudential Supervision Ryan Workman (NAIC) gave an overview of the NAIC’s comments on the draft application paper,…

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2010s – 2020s – NAIC – Insurance Commissioners – Focus Groups NAIC Working Groups – Current / Recent 2015/8/16 LIAC CC    He <Birny Birnbaum (Center for Economic Justice—CEJ)> said it is important that state insurance regulators determine if illustrations are accomplishing what they are intended to accomplish, how they are being used and whether…

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MRCAC – Market Regulation and Consumer Affairs Committee – D – NAIC 2020 1208 – MRCAC – Market Regulation and Consumer Affairs (D) Committee – 15p 2021 0413 – MRCAC – Market Regulation and Consumer Affairs (D) Committee – Virtual – 2021 Spring National Meeting – 61p Birny Birnbaum (Center for Economic Justice—CEJ) stated that…

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E.U. – U.S. Insurance Dialogue Project Reports – NAIC New Initiatives for 2017-2019 and Focus Areas for 2018.pdf Key Elements of Regulations and Supervisory Practices in Respect of Group ORSA – Nov 2015.pdf The Way Forward – July 2014 Update.pdf The Way Forward – Objectives and Initiatives for the Future – Dec 2012.pdf Comparing Certain…

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International Solvency Initiatives Working Group – NAIC International Solvency Initiatives Working Group Sept. 11, 2006, Minutes (Attachment Two)  p972 IAIS Solvency & Actuarial Issues Subcommittee, September 2006 Summary of Quebec Meeting by Kris DeFrain (NAIC) (Attachment Two-A) p973 International Solvency Initiatives Working Group July 11, 2006, Minutes (Attachment Two-B) p976

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Subgroup on the Unfair Trade Practices Act – NAIC MARKET CONDUCT AND CONSUMER AFFAIRS SUBCOMMITTEE (EX3) Louisville – December 3, 1990 1. Adopted amendments to the Unfair Claims Practices Act and Regulations and to the Unfair Trade Practices Act. 2. Received the report of the Subgroup on Unfair Trade Practices regarding tying, misquotes of premium…

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Solvency Modernization (EX) Task Force – NAIC The NAIC’s Solvency Modernization Initiative (SMI) began in June 2008 https://naic.soutronglobal.net/Portal/Public/en-GB/RecordView/Index/19797 SMI will focus on five key solvency areas: capital requirements, international accounting, insurance valuation, reinsurance, and group regulatory issues. SMI Roadmap https://content.naic.org/sites/default/files/inline-files/index_smi_roadmap_121231_0.pdf 2014 0814 – NAIC White Paper THE U.S. NATIONAL STATE-BASED SYSTEM OF INSURANCE FINANCIAL REGULATION…

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