NAIC – Role I am here on behalf of the NAIC, and my purpose today is really to give some insight into how State regulators assess the financial strength of an insurer and describe our unique regulatory working groups that assist and improve us in this assessment. Financial regulation is the critical component that insures…

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NAIC – Origins NCIC – National Convention of Insurance Commissioners George W. Miller 1871-1, NAIC Proceedings 2000 – JIR / NAIC – The Early History of the NAIC, Eric C. Nordman – 16p The first NCIC meeting was held in New York City on May 24, 1871. 2000 – JIR / NAIC – The Early…

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Insurance Regulators – Companies are Okay 1980s Baldwin United 1990s Executive Life 2000s AIG Executive Life Insurance Company 1990 1207 – Los Angeles Times –  N.J. Seeks Deposit From First Executive : Insurance: The ailing firm must make a $500-million payment or lose its right to sell policies there, the state says., BY Scot J.…

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NAIC – Presidents 1989 – John E. Washburn – Illinois, Director of Insurance 1996 – Brian K. Atkinson – Maine, Superintendent of Insurance IMSA 1999 – George M. Reider Jr. – Connecticut, Commissioner of Insurance  2002 – Terri Vaughan – Iowa – Commissioner of Insurance 2006 – Alessandro Iuppa, Maine, Superintendant of Insurance 2007 -…

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NAIC – WishList 1982 – New Jersey – Universal/Flexible Factor: life insurance informational hearing. Department of Insurance, New Jersey. Department of Banking & Insurance [Bonk: the NAIC has it in their Database, but it is currently unavailable for viewing (as of 2023)] A: William Hager –  Surveys would be to determine — lets take a…

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NAIFA / NALU – NAIC 2021 0809 – NAIFA to NAIC (LIAC) – RE: Life Insurance Illustrations Issues (A) Working Group – 2p

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Federal Oversight of the Insurance Industry Q: Does the NAIC get anything done without pressure from Congress? Senator Magnuson in one hearing made a comment that I think is germane. Maybe these hearings might have an effect on the states doing their job, and that is I think the description of the way that many…

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NAIC – Press Releases 2008 0916 – NAIC – Press Release – Insurance Consumers Protected by Solvency Standards – West Virginia – 3p 66 Insurance Consumers Protected by Solvency Standards, NAIC press Release September 16 2008 2014 1008 –  Starr International Company, Inc. v. The United States – Case 1:11-cv-00779-TCW –  Trial Volume 8 – Geithner – 254p -…

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