National Association of Insurance Commissioners (NAIC)

RESOURCES

https://content.naic.org/podcast.htm

Committees, Task Forces, Working Groups 

NAIC Library

PROCEEDINGS of the National Association Of Insurance Commissioners
(2006-Current)      (1871-Current)

Cumulative Indexes:  (1990-1994)    (1970-1979)     (1950-1979)  

Journal of Insurance Regulation (JIR)  NAIC Library or more current

BonkNote Library - NAIC, includes Proceedings, Selections, Indexes

2020 -  Committee Structure - Diagram

Public interest in various aspects of insurance regulation has risen and fallen over its history, but one area that has remained obscured is market conduct regulation.

2001 - An Assessment of Insurance Market Conduct Surveillance, Journal of Insurance Regulation Vol. 20, No.1

Connect: with

  • Mr. SCHWARCZ. So, notably, you will see that my testimony was focused on different issues than many of the other witnesses, and that is because it is true that solvency regulation is in many ways the core of insurance regulation.
    • Now, I say this to contrast it with market conduct and other forms of consumer regulation.... (p12)
  • Ms. VAUGHAN <NAIC President>. Thank you very much, Senator. The first thing I want to say, I agree with Professor Schwarcz that the level of our collaboration in market regulation is behind the level of collaboration in solvency regulation and that is something we have been working on for a number of years, to try to increase the collaboration.  (p13)

Market Conduct Analysis Statement Blanks (D) Working Group

MCAS Definition of Lawsuit

https://www.doi.sc.gov/869/Market-Conduct-Annual-Statement-MCAS

  • 2021  - NAIC - LEGISLATIVE PRIORITIES - 1p
    • SUPPORT LEGISLATION TO HELP PROTECT POLICYHOLDERS DURING AN INSURANCE RECEIVERSHIP
      • Current law provides no deadline to the federal government for filing claims in an insurance receivership, causing proceedings to drag on for years and reducing recoveries for insurance consumers.
      • Congress should support NAIC proposed legislation that would require the federal
        government to file claims it may have against insolvent insurance companies within a specified time consistent with bankruptcy proceedings.
    • PROVIDE STATE INSURANCE REGULATORS A VOTE ON THE FINANCIAL STABILITY OVERSIGHT
      COUNCIL (FSOC) (H.R. 3099)

      • The insurance sector is the only financial services sector whose primary regulator is not a voting member of the FSOC.
      • The Primary Regulators of Insurance Vote Act (H.R. 3099) would grant state regulators full participation on FSOC by allowing them to vote.
    • OPPOSE PREEMPTION OF STATE INSURANCE DATA PRIVACY AND DATA SECURITY STANDARDS
      • Federal data privacy and security legislation should acknowledge the state insurance regulatory framework and not undermine state laws and regulations to protect the best interests of insurance consumers.

WORDS AND CONCEPTS

Cost Disclosure, Consumer Protection, Solvency, Market Conduct, Valuation, Market Analysis, 

 

 

 

  • FINANCIAL CONDITION (EX4) SUBCOMMITTEE
    • (EX41 Task Force - Accounting Practices and Procedures
  • naic "international report"

NAIC CEO

  • 2016/01-Current - Michael Consedine
  • 2013/01-2016/01 - Ben Nelson (NE)
  •  - Andrew Beal
  • 2009/12/12 - Therese Vaughan (IA)
  • 07/1996-2008/07 - Catherine Weatherford (OK) 

Wish List

Universal life insurance regulation workbook.
National Association of Insurance Commissioners
NAIC. (A5) Task Force Industry Advisory Committee,
1983
HG 8823 N38 A5

Universal/Flexible Factor: life insurance informational hearing. New Jersey. Department of Insurance New Jersey. Department of
Banking & Insurance, 1982
KF 1986 U55 

Berry v. Federal Kemper Life Assur. Co. D-0101-CV-2000-2602 04/01/02 1st Judicial Dist of Santa Fe NM Amicus brief filed in opposition to motion for class certification. Issue briefed is the nationwide class action certification would be inappropriate because state laws governing disclosure of model premium rates as well as policyholder right to remedies differ from state to state; certification would defeat regulators' ability to regulate according to respective state laws. Motion for leave to file brief denied.