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Registration for CIPR Symposium Closes Soon
Two-Day Event to Focus on State of the Life Insurance Industry |
Julie Mix McPeak
Tennessee
Commerce and
Insurance
Commissioner
Registration for the
Life Insurance Symposium, hosted by the CIPR and the NAIC, is open until Oct. 15, 2012.
"As leaders in the life insurance market, our featured speakers
bring executive insight that promises to facilitate a meaningful
conversation about the most current and pressing issues in the
industry," said Julie Mix McPeak, NAIC
Life Insurance and Annuities Committee Chair and Tennessee Commerce and
Insurance Commissioner.
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MO Insurance Regulator Reappointed to Financial Stability Oversight Council |
John M. Huff
Missouri Insurance
Director
The NAIC has reappointed John M. Huff, Missouri Insurance Director, to a second two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC). In this role, Huff will continue to represent the interests of the nation’s state insurance regulators on the council. FSOC is a fifteen member body comprised of the nation’s chief financial regulators.
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NAIC Statement Regarding Adoption of RMORSA Model Act and Revisions to AG38 |
NAIC President and Florida Insurance Commissioner Kevin M. McCarty issued the following statement:
"Today the NAIC held a joint call of the Executive Committee/Plenary, during which the NAIC concluded two priority initiatives for the year; adoption of the Risk Management and Own Risk and Solvency Assessment (RMORSA) Model Act, and revisions to Actuarial Guideline XXXVIII (AG38).
The RMORSA Model Act is a key element in our effort to modernize the U.S. approach to the regulation of insurance groups. The Model passed today follows our recent work on the NAIC Holding Company Model Act, which I am pleased to say has been adopted in ten states."
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