NAIC 2019 Summer National Meeting Highlights

23 August 2019
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Key takeaways
  • Amendments to the Credit for Reinsurance Model Law and Model Regulation have been adopted by the NAIC, and states may begin conforming their laws and regulations to meet the requirements of the Covered Agreement.
  • The Group Capital Calculation Working Group continues to field test its group capital calculation template and is beginning to consider implementation issues, such as confidentiality.
  • The long-term care insurance task force will focus on six separate work streams as it works to develop a consistent national approach for reviewing rate increase requests.