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By Arthur D. Postal |
March 9, 2012
The NAIC's decision to study whether stop loss model laws should be modified to account for inflation is a potential “critical issue” for the risk retention industry, an industry lawyer says.
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By Elizabeth Festa |
March 8, 2012
The NAIC expects to craft a model law on the NAIC’s version of the Own Risk and Solvency Assessment by the August summer meeting.
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By Caroline McDonald, PropertyCasualty360.com |
December 1, 2011
Bermuda reinsurers have taken a beating, but have managed to come up with creative solutions to deal with a disaster-ridden 2011.
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By Phil Gusman, PropertyCasualty360.com |
November 15, 2011
A model law passed by the National Association of Insurance Commissioners that, if adopted by states, would allow foreign reinsurers in qualified jurisdictions to post reduced collateral benefits those foreign reinsurers but is credit-negative for U.S. insurers that buy reinsurance, according to Moody’s Investors Service.
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By Arthur D. Postal, PropertyCasualty360.com |
November 7, 2011
The full National Association of Insurance Commissions passed a landmark model law Sunday that seeks to reduce reinsurance collateral requirements for non-U.S. reinsurers domiciled in qualified jurisdictions.
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By Arthur D. Postal, PropertyCasualty360.com |
August 4, 2011
After two flood-insurance legislation efforts failed in the Senate, an industry official says a short-term extension will be about all the industry will get before the current National Flood Insurance Program authorization expires Sept. 30.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
August 1, 2011
FTC’s 2007 examination of credit scoring and the NCOIL regulations widely impacted the use of credit scoring models. Agents—for the most part—have come around to insurers’ use of credit scoring.
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By Neil Alldredge |
August 1, 2011
NRRA, rate modernization, tort reform provide a busy year
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By Arthur D. Postal, PropertyCasualty360.com |
July 28, 2011
Successful implementation of the federal surplus lines reform law is “threatened” by the patchwork way it is being interpreted by the states, an industry representative told Congress today.
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By Arthur D. Postal, PropertyCasualty360.com |
December 14, 2010
The National Conference of State Legislatures (NCSL) voted to pass a resolution supporting The National Conference of Insurance Legislators' (NCOIL) interstate compact plan designed to implement the surplus lines reform law passed by Congress.
