The Individual and Small Group Markets Committee sent comments on a proposed rule that would lengthen the maximum period of short-term, limited-duration (STLD) insurance through amending the definition of STLD.
The spring Retirement Account covers recent Pension Practice Council committee actions; and legislative and regulatory activity including the first meeting of the Joint Select Committee on Solvency of Multiemployer Pension Plans and retirement legislation introduced in the U.S. Senate.
The Non-Guaranteed Elements Work Group submitted a comment letter to the NAIC Life Insurance Buyer's Guide (A) Working Group on their recent exposure draft.
The spring StateScan Quarterly highlights state legislation in the past quarter related to auto and flood insurance; health insurance changes including the individual market, Medicaid, and long-term care; principle-based reserving and other life issues; public pension plans; and more. For a comprehensive review, log in to StateScan, the legislative and regulatory portal free for Academy members.
The RBC Tax Reform Work Group submitted a comment letter to the NAIC on suggested changes to risk-based capital calculations.