Among the models that will advance are: the Military Sales Practices model regulation; amendments to the Viatical Settlements model act; the Medical Malpractice Closed Claim Reporting model law; chang

Among the models that will advance are: the Military Sales Practices model regulation; amendments to the Viatical Settlements model act; the Medical Malpractice Closed Claim Reporting model law; chang

o Consistency with observable current market prices, to the extent they are available. Such prices provide an understandable and credible benchmark for users, even though market prices are not availab

To be approved, the model law must involve a national standard that requires uniformity amongst all states and receive the commitment of significant regulator and association resources to educate, com

In addition to an online education site, the NAIC's latest public service effort includes announcements in English and Spanish, and community outreach by public information officers of state insurance

The National Association of Insurance Commissioners is poised to change its policy on adopting insurance model laws by requiring two-thirds of the commissioners to vote in favor of the measure and com

Merger and acquisition activity for the insurance industry should increase in the next 12-18 months, particularly in the property-casualty, distribution and service sectors, a consulting firm reported

The representatives' critique concerning valuation of liabilities and other proposals was made to a contracts subcommittee of the International Association of Insurance Supervisors, Basel, Switzerland