which is a parastatal under the Ministry of Agriculture and Rural Development is saddled with the responsibility of providing insurance cover for farmers against natural disasters.
By a unanimous vote, the Innovation and Technology Task Force - convening today as part of the NAIC
's summer meetings in New York - moved to submit a request for model law development to the NAIC
The competition was part of the recent insurance conference held by NAIC
in Kansas City June 3-7 with the theme of "Where Innovation Meets Regulation." NAIC
said its pitch competition had five industry judges, including a state insurance commissioner, corporate venture capital investor, insurance accelerators, insurance technology companies and strategic insurance thought leaders.
Velella said, in introducing his retaliation bill, that it was designed to protect New York insurers when the NAIC
accreditation program began to be enforced possibly resulting in serious financial and regulatory burdens to them.
The comparable table for 2015 is based on filings the NAIC
had received as of March 28, 2016.
"I have truly appreciated the opportunity to return to the NAIC
following my retirement from the U.S.
Urias, the former director of the Arizona Department of Insurance, said the NAIC
will move forward with its approach to evaluating the proposal while it awaits a response on the standards from the Federal Reserve and the Federal Insurance Office.
The events occurred at the NAIC
's Fall National Meeting in Washington.
3 December 2013 - US holding company Imperial Management Corp (IMC) said it had completed the takeover of local National Automotive Insurance Company (NAIC
), without providing financial details.
26 April 2013 -- WisdomTree (NASDAQ: WETF) reported that the WisdomTree Emerging Markets Corporate Bond Fund (EMCB) has received a risk-based capital (RBC) designation of 3 from the Securities Valuation Office (SVO) of the National Association of Insurance Companies (NAIC
Vaughan would be stepping down after completing her four-year term as the first NAIC