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NAIC stalls on accreditation standards revisions
17 November 2014
Washington DC Reporter Stephen Durham

A committee of the NAIC has deemed it necessary to prepare a new and completely revised preamble that will clarify the scope of the NAIC accreditation standards...

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NAIC approval imminent, says BMA
14 November 2014
Hamilton, Bermuda Reporter Stephen Durham

Bermuda has outlined the conditions of its approval as a qualified jurisdiction by a working group of the NAIC...

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End of the line for First Keystone RRG
03 November 2014
South Carolina Reporter Stephen Durham

South Carolina-domiciled captive insurer, First Keystone RRG, has been placed into liquidation by the state’s circuit court...

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Another new customer for SBS
29 October 2014
Washington DC Reporter Stephen Durham

The Arkansas Insurance Department has completed the initial phase of the State Based Systems (SBS) implementation process, making it the latest state to take advantage of the NAIC's regulatory-based electronic application...

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Meetings not a spectator sport, says IAIS
28 October 2014
Washington DC Reporter Stephen Durham

The International Association of Insurance Supervisors (IAIS) has voted to scrap “observer membership” status, which included participation in some IAIS meetings, in favour of creating new stakeholder consultation procedures...

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FHFA extends comment period
07 October 2014
Washington DC Reporter Stephen Durham

The Federal Housing Finance Agency (FHFA) is to extend the comment period for the agency’s proposed rule on Federal Home Loan Bank (FHLB) membership by 60 days...

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Nebraska rules in favour of RRG
02 October 2014
Chicago Reporter Stephen Durham

The Nebraska Supreme Court has ruled that the Liability Risk Retention Act (LRRA) preempts a state law that prohibits arbitration provisions in insurance policies...

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