…durable organization that would have credibility with supervisors around the world. Having that available will help NCIGF and NOLHGA represent our interests before international standard-setters. Structurally, that mission is well…
…making sure regulators had a full and accurate understanding of how guaranty programs work, concluding by saying that meeting these elements will help to stabilize economies around the world. Schmelzer…
On October 22nd the NCIGF weighed in on the current debate about reinsurance collateral proposals in a letter to John Oxendine, chair of the NAIC Reinsurance Task Force. “The success…
…Management Act (LIMA). According to the RunOff Re.Solve website (runoffresolve.com), LIMA allows a non-admitted insurer to transfer its discontinued commercial business to a third‐party company. Such a transfer would require…
…by clicking on the “Agenda” tab, located on the top menu bar. Please check back on the Agenda page for updates to the Fall Workshop program, in development. Registration is…
…to variation in residency requirements. Revise state statutes to address any other needed updates such as adding a claims bar date or modifying the base year for assessment calculation. NCIGF…
…Pa.C.S.A. § 361) though its application to insurance policyholders is unclear. In 2014, Vermont passed its Legacy Insurance Management Act (LIMA). According to the RunOff Re.Solve website (runoffresolve.com), LIMA allows…