HOUSTON–The NAIC will be conducting a survey, at the request ofthe Federal Insurance Office, on a part of the Nonadmitted andReinsurance Reform Act of 2010 to gather information on access toreinsurance information.

The effort was announced at the Reinsurance Task Force meetingby Chair Michael Consedine, Pennsylvania's insurancecommissioner, April 8 in Houston at the Spring Meeting of theNational Association of Insurance Commissioners (NAIC).

The FIO request involves Section 2 of the NRRA, a part ofthe Dodd-Frank Act, pertaining to credit for reinsurance,and concerns of how well the non-domiciled states of an insurer canaccess information–or if they feel impaired by the NRRA, accordingto interpretations of the request by regulators and others at themeeting.

The request seems to come straight from the language of theDodd-Frank statute.

The NAIC was asked to respond in the next week or so as to howit will fulfill the request, Consedine said.

FIO is still working on a Dodd-Frank mandated paperon the ability of state regulators to access reinsuranceinformation and a review of NRRA provisions regarding theability of state regulators to access reinsurance information forinsurers that was due Jan. 1, 2013.

The NAIC has not yet decided on a mechanism for the survey, asmany regulators learned of the request April 8.