Supplementary Products Accountants, educators, financial analysts, insurers, lawyers and statisticians will find guidelines, handbooks, surveys and NAIC positions on a wide variety of issues. Comprehensive collection of NAIC model laws, regulations and guidelines; state laws on insurance topics; and other regulatory guidance on antifraud and consumer privacy. NAIC #: 27553: California Company ID #: 2143-6: Date Authorized in California: 1973-11-14: License Status: UNLIMITED-NORMAL: Company Type: Property & Casualty Filings shall be made utilizing the 2021 Annual Statement Instructions and blanks adopted by the National Association of Insurance Commissioners (NAIC). Investment Guidelines – Insurance Companies Investments made for total assets and for tied assets of insurance companies Reference: FINMA circ. National Insurance Convention, National Convention of Insurance Commissioners: The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories Market Regulation Regulatory and industry guidance on market-related issues, including antifraud, product fi ling requirements, producer licensing and market analysis. Back to Top. The National Association of Insurance Commissioners (NAIC) held its 2019 Spring National Meeting from April 5 through 9 in Orlando, Florida. All Advertising/Sales Material/Brochures All Reports (see below) ... * Blanket health insurance coverage. This summary is meant to help place insurers, nonprofit health service plans, health maintenance organizations, dental plan organizations, pharmacy benefits managers, producers and other "regulated entities" authorized to do business in Maryland on notice of certain reporting requirements that are enforced by the Maryland Insurance Administration (MIA). The National Association of Insurance Commissioners ("NAIC"), a standards-setting organization comprised of insurance regulators from across all U.S. jurisdictions, has recently adopted twelve Principles for Effective Cybersecurity Insurance Regulatory Guidance (the "Principles"). The NAIC AI Working Group began work on the AI principles in June 2019, using the Organization for Economic Cooperation and Development’s (OECD) AI principles as a model. NAIC Insurance Regulator Professional Designation Program Policies and Requirements 9 PIR Requirements 1. If a question does not apply, Advertisements of Life Insurance and Annuities: The Advertisements of Life Insurance and Annuities Model Regulation (NAIC 570-1) provides rules for life insurance and annuity advertising. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed by statutory law enacted by the state legislatures. Annual Statement and Related Filings (NAIC Check-List) Enclosed are the instructions for the annual statement and related financial reporting filings due in 2021. The current model, New York Regulation 187 (Reg 187) took effect for annuity sales in August 2019, and for life insurance sales February 1, 2020. Texas Department of Insurance 333 Guadalupe, Austin TX 78701 | P.O. Continuing Education Reciprocity Course Approval Guidelines Whereas, the undersigned Insurance Commissioners of the National Association of Insurance Commissioners, hereafter the Commissioners, have determined that it is unnecessary for each State to perform a substantive review of continuing education courses or individual instructors that have … Glossary Among other things, these rules require a system of control over the content, form … Model Health Plan for Uninsurable Individuals Act . for the purpose of procuring health insurance and operates as an exception to existing false group or fictitious group law s. HG-30 - Health Insurance Purchasing Alliances I-85 . NAIC Activities NAIC member directories, in-depth reporting of state The guidelines are intended to assist regulators and NAIC committees when addressing the level of regulatory oversight they should give to insurance-specific AI applications. The NAIC Model Laws, Regulations, and Guidelines (available in the library) contains documents promulgated by the National Association of Insurance Commissioners as proposed statements of insurance laws that should be adopted by the 50 states. Insurance industry data directed at regulators, educators, financial analysts, insurance industry members, lawyers and statisticians.