Friday, December 23, 2022
Mark Richardson

Connecticut insurance commissioner elected NAIC president

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Andrew N. Mais will begin as president from 1 January.   Connecticut...
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Monday, March 14, 2022
Lauren Ingram

Maine Insurance Superintendent to retire

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Maine's Insurance Superintendent, Eric Cioppa, has announced he will retire on 1...
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Wednesday, August 18, 2021
Ross Law

NAIC meeting attendees targeted by malicious email

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A number of attendees to the National Association of Insurance Commissioners’ (NAIC)...
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Thursday, August 16, 2018
Richard Cutcher

Cayman strengthens ties to US with NAIC memorandum

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The Cayman Islands Monetary Authority (CIMA) has signed a memorandum of understanding...
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Tuesday, March 13, 2018
Richard Cutcher

Exclusive: Balancing act required for captive transparency – NAIC President

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Special purpose financial insurer captives (SPFIs) are attracting attention from federal and...
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Thursday, March 01, 2018
Richard Cutcher

NAIC president to attend CICA, Towle hoping for “open and robust” relationship

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The president of the National Association of Insurance Commissioners (NAIC) will attend...
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Thursday, July 07, 2016
Richard Cutcher

AG 48-compliant life reinsurance captive transaction completed

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Reinsurance Group of America has completed a captive reinsurance agreement with a...
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Tuesday, November 24, 2015
Richard Cutcher

NAIC present five new options for Credit for Reinsurance Model Act

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The National Association of Insurance Commissioners (NAIC) has presented five new options...
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Monday, November 23, 2015
Richard Cutcher

NAIC elects officers for 2016

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John M. Huff, Missouri’s insurance director, will take the reins as president...
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Thursday, November 19, 2015
Richard Cutcher

SIIA, Atlas and North Carolina among NAIC reinsurance proposal opponents

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Thirteen firms, associations and domiciles have added their voices to calls for...
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Monday, November 16, 2015
Richard Cutcher

Kinion rallies support against NAIC’s reinsurance proposals

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The National Association of Insurance Commissioners’ (NAIC) proposed changes to the Credit...
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Wednesday, September 30, 2015
Richard Cutcher

FIO targets life reinsurance captives in annual report

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The Federal Insurance Office (FIO) has attacked the National Association of Insurance...
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Thursday, May 28, 2015
Richard Cutcher

NAIC approves third attempt at Part A accreditation preamble

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Captive insurance companies reinsuring XXX/AXXX reserves, variable annuities and long-term care business...
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Friday, May 01, 2015
Richard Cutcher

NAIC clarifies captive accreditation with third draft

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The National Association of Insurance Commissioners (NAIC) has moved to reassure the...
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Thursday, April 02, 2015
Richard Cutcher

NAIC goes back to the drawing board on Part A accreditation

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The National Association of Insurance Commissioners (NAIC) has directed its staff to...
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Wednesday, March 25, 2015
Richard Cutcher

NAIC receives 50 objections to Part A preamble, Hoff and Torti allay captive fears

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Director John Huff, chair of the National Association of Insurance Commissioners’ (NAIC)...
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Friday, March 13, 2015
Richard Cutcher

Kinion rallies captive industry to fight NAIC accreditation requirements

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Steve Kinion, director of the Bureau of Captive and Financial Insurance Products...
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Wednesday, March 11, 2015
Richard Cutcher

Kinion hits out at latest NAIC Part A multi-state insurer proposals

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The National Association of Insurance Commissioners (NAIC) issued its latest proposal for...
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Friday, November 14, 2014
Richard Cutcher

Exclusive: NAIC propose complete revision of accreditation standards

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The National Association of Insurance Commissioners (NAIC) has recommended a complete re-work...
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Thursday, November 13, 2014
Richard Cutcher

Bermuda and Ireland recommended for reinsurance jurisdiction approval by NAIC

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The National Association of Insurance Commissioners (NAIC), in the United States, has...
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Tuesday, September 02, 2014
Richard Cutcher

Connecticut license first RRG, targeting new formations

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John Thomson, Connecticut’s captive insurance programme director, has revealed his department is...
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Thursday, August 21, 2014
Richard Cutcher

NAIC set to ‘revise’ proposed accreditation standards 

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The National Association of Insurance Commissioners (NAIC) are set to revise proposed...
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Tuesday, August 19, 2014
Richard Cutcher

NAIC fails to act on multi-state reinsurer concerns  

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The National Association of Insurance Commissioners (NAIC) has failed to clarify its...
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Friday, August 15, 2014
Richard Cutcher

Hamm seeks to reassure captive industry

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Adam Hamm, president of the National Association of Insurance Commissioners (NAIC), has...
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Friday, August 01, 2014
Richard Cutcher

Fitch calls on NAIC to clarify position on accreditation standards

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Fitch Ratings is calling the National Association of Insurance Commissioners to clear...
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Thursday, July 24, 2014
Richard Cutcher

Alabama brings Risk Retention Act in line with NAIC

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Risk retention groups (RRGs) established in Alabama will be subject to closer...
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Wednesday, April 30, 2014
Richard Cutcher

Delaware rallies against NAIC accreditation proposal

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Delaware Insurance Commissioner Karen Weldin Stewart has called on Delaware’s captive industry...
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Monday, March 31, 2014
Richard Cutcher

Delware latest to enter life insurer captive debate

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The Delaware Insurance Department's captive insurance bureau has opposed recommendations contained in...
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Wednesday, March 26, 2014
Richard Cutcher

NY's Lawsky blasts NAIC over 'shadow' life captives

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New York Department of Financial Services Superintendent Benjamin M. Lawsky has told...
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Friday, January 17, 2014
Richard Cutcher

Captives & financial stability

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Despite the sabre-rattling of its superintendent of financial services, it is far...
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Friday, January 17, 2014
Richard Cutcher

The core of the matter

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The insurance core principles (ICPs) are a statement of best practice in...
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Monday, January 13, 2014
Richard Cutcher

NAIC appoints committee chairs

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The National Association of Insurance Commissioners (NAIC) has named its 2014 committee...
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Thursday, January 09, 2014
Richard Cutcher

Applications for 2014 SERFF advisory board open

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The NAIC is currently accepting applications for industry and consumer positions on...
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Thursday, December 19, 2013
Richard Cutcher

NAIC elects 2014 officers

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The National Association of Insurance Commissioners (NAIC) has elected its 2014 officers....
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Thursday, November 21, 2013
Richard Cutcher

NAIC discuss PPACA at the White House

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State insurance commissioners met with President Barack Obama yesterday to discuss issues...
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Wednesday, November 06, 2013
Richard Cutcher

Alaska introduces online regulatory program

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The National Association of Insurance Commissioners (NAIC) has implemented its State Based...
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Thursday, October 17, 2013
Richard Cutcher

NAIC begins 2014 budget approval process

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The National Association of Insurance Commissioners' (NAIC) proposed 2014 budget is proceeding...
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Friday, October 11, 2013
Richard Cutcher

Concern over IAIS global standard

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US insurance groups have expressed scepticism about the International Association of Insurance...
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Tuesday, October 01, 2013
Richard Cutcher

NIPR executive director retires

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The executive director of the National Insurance Producer Registry (NIPR), Maryellen Waggoner...
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Tuesday, September 17, 2013
Richard Cutcher

BMA accepts NAIC qualified jurisdictions listing

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The Bermuda Monetary Authority (BMA) has accepted its invitation to participate in...
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Tuesday, August 27, 2013
Richard Cutcher

NAIC supports TRIA

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The National Association of Insurance Commissioners (NAIC) has passed a resolution supporting...
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Thursday, May 09, 2013
Richard Cutcher

NAIC to host International Insurance Forum

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The National Association of Insurance Commissioners (NAIC) will be hosting the 6th...
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Wednesday, November 09, 2011
Richard Cutcher

Captives predicted to be excluded from SIFIs

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Most captives will be eliminated from government definitions of systemically important financial...
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Thursday, October 13, 2011
Richard Cutcher

NAIC investigates captives for third party risks

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The National Association of Insurance Commissioners has charged its financial condition committee...
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Wednesday, July 21, 2010
Richard Cutcher

US ruled out of initial Solvency II equivalence assessment

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The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has said...
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Friday, July 02, 2010
Richard Cutcher

Congressional agreement on Federal Insurance Office

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Negotiators from House and Senate committees of the US congress reached agreement...
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Thursday, June 10, 2010
Richard Cutcher

Hawaii Commissioner to step down in July

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Hawaii insurance commissioner J P Schmidt is to leave his position, with...
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Features
Q&A: Big Ticket’s Ken Fraser and Rob Bartlett
Fresh from winning Insurtech Solution of the Year at the Captive Review US Awards earlier...
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Growth opportunities for PCCs and PCC cells in the UK and Europe
Michael Whitfield of Atlas Insurance PCC explains how, after the disruption caused by Brexit, the...
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North Carolina: A leader in cell captives
Lori Gorman of the North Carolina Department of Insurance answers Captive Review’s questions about the...
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831(b) Institute: IRS campaign against micro-captives threatens large captives
The IRS is biding its time by taking on micro-captives and will eventually refocus on...
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