NAIC - Framework

  • "Market Conduct Surveillance" - 75r
  • MARKET CONDUCT, EXAMINATION AND REPORTING (B)  COMMITTEE
    • Market Conduct and Trade Practices (B1) Subcommittee
      • This Subcommittee is responsible for (a) overseeing the NAIC complaint system ... 1980-2
    • Agents and Brokers (B2) Subcommittee.
    • Competition (B 3) Subcommittee

(B3) Subcommittee Competition (ADOPTED AS AMENDED)

  • 1. Received report of Task Force on Monitoring Competition.
  • 2. Received report of Task Force on Role of Rating Bureaus and Organizations.
  • 3. Received report of Task Force to Develop Consumer Information Systems.
  • 4. Received report of Task Force to Develop a Model Competitive Rating Law.
  • S. Received report of Industry Advisory Committee.

1980-2, NAIC Proceedings

Valuation and Non-Forfeiture

  • 1975-2 NAIC Proc. - Life Insurance Cost Comparison (C3) Task Force

  • Life Cost Comparison Working Group (1975-2 NAIC Proc. 54)
  • Task Force to Develop Meaningful Consumer Information on Personal Lines, (1980-1)
  • SPECIAL INSURANCE ISSUES (E) COMMITTEE, 1995-4 Market conduct examinations : report of Industry Advisory Committee to Market Conduct Surveillance Handbook Task Force, NAIC Examinations (A5) Subcommittee

Market Regulation and Consumer Affairs (D) Committee

  • 1988-2, NAIC Proc.
    • Rules Governing the Advertising of Life Insurance
    • Disclosure for Small Face Amount Life Insurance
  • Market Conduct Examination Standards (D) Working Group
  • Life Insurance Products Coupled With Annuities - 1987-2
  • Subgroup on Life Advertising Issues - NAIC Proceedings-1988-2
  • Financial Services and Insurance Regulation Task - (88-93)

 

Financial Condition (E) Committee

  • Risk Assessment Working Group of the Financial Condition (E) Subcommittee
    • Report of the National Association of Insurance Commissioners (NAIC) and the Federal Reserve System - Joint Subgroup on Financial Issues
  • Financial Stability (E) Task Force
    • Macroprudential (E) Working Group
  • Liquidity Assessment (E) Subgroup
  • Group Capital Calculation (E) Working Group
  • Receivership and Insolvency (E) Task Force

International Insurance Relations (G) Committee

  • International Solvency Initiatives Working Group - 2006

  • International Insurance Task Force Working Group  - 1987-1

Executive (EX) Committee

  • Committee and the Governmental Liaison (EXS) Subcommittee. (1980-1)
  • Government Relations (EX) Leadership Council

  • Market Conduct Surveillance (EX3) Task Force - April 12-13, 1987

    • 1. Report of Subgroup on Life Insurance and Annuities - Model Regulation Concerning the Sale of Life Insurance Product

    • 2. Report of Subgroup on Life Advertising Issues - NAIC Model Rules Governing the Advertising of Life Insurance.
    •  
  • Subgroup on Life and Health Advertising Issues - 1987-1 (Market Conduct Surveillance (EX3) Task Force)
  • Subgroup on Complaint Information of Market Conduct Surveillance (EX) Task Force - 1990-1A

  • NAIC/NCOIL JOINT COMMITTEE - 1991-1A

  • NAIC/AAA/ASB JOINT COMMITTEE ON STANDARDS AND RELATED MATTERS - 1991-1A

  • MARKET CONDUCT AND CONSUMER AFFAIRS (EX3) SUBCOMMITTEE>A>, 1996-2
  • Model Consumer Information Report Working Group of the Market Conduct and Consumer Affairs (EX3) Subcommittee March 12, 1996

LIFE INSURANCE (A) COMMITTEE

1. Review new life products called to the Committee's attention.
2. Consider proposed Model on Sale of Life Insurance Products Coupled With Annuities.
3. Establish priorities of the Life & Health Actuarial Task Force.
4. Review issues related to Acquired Immune Deficiency Syndrome (AIDS) and the insurance industry including
privacy and underwriting issues and financial implications with and without testing.

LIFE COST DISCLOSURE (A) TASK FORCE

1. Review proposed amendments to the NAIC Life Insurance Disclosure Model Regulation on yield index requirement.
2. Determine whether yield index or interest adjusted cost comparison index should be used in disclosure regulation.
3. Consider proposed amendments to the Life Insurance Model Disclosure Regulation regarding sales disclosures
on nonguarantee products.

UNIVERSAL AND OTHER NEW PLANS (A) TASK FORCE

1. Consider proposed revisions to the Model Universal Life Insurance Regulation.
2. Consider the proposed regulation for interest indexed annuity products.
3. Continue development of variable life guidelines for the Examiners Handbook and the Universal Life Insurance
Model Regulation.

1987-2, NAIC Proceedings (p65)

Market Conduct Surveillance (EX3) Task Force

  • Subgroup on Life Insurance and Annuities
    • Model Regulation Concerning the Sale of Life Insurance Products and Annuities
  • Subgroup on Life Insurance Coupled with Student Loans
  • Subgroup on Life and Health Advertising Issues ("Life Advertising Issues")
    • Model Rules Governing the Advertising of Life Insurance
  • Life Insurance Products Coupled With Annuities
    • This issue was initially "exposed" at the December 1984 NAIC meeting in Washington, D.C. (See NAIC Proceedings 1985, vol. I, p.171.)