The Press Room features links to articles on the insurance industry, state and federal insurance regulation, and other issues of interest to the guaranty system. The views expressed in these articles do not necessarily reflect the views of NOLHGA or its members.
The NAIC's new Restructuring Mechanisms Working Group is looking at how to improve runoff and restructuring arrangements.
Gov. Ned Lamont on Friday nominated a specialist in insurance regulation as state insurance commissioner.
Steven Seitz has assumed the role of director of the Federal Insurance Office at the Treasury Department, after months of serving as acting director, according to sources.
On 19 February 2019, the NAIC Financial Condition (E) Committee voted to form a Restructuring Mechanisms Working Group (the “Restructuring Working Group”) and a Restructuring Mechanisms Subgroup (the “Restructuring Subgroup”) to consider the issue of various insurance business transfer (“IBT”) laws that have been adopted or are being considered across the United States.
James Dodrill has been appointed as West Virginia's insurance commissioner.
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