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NAIC's Focus on Investment Management Agreements (IMAs) involving Private Equity-Owned Insurers

As private equity investors continue to increase their presence in the insurance industry with acquisitions of insurers and reinsurance of blocks of insurance contracts through insurer portfolio companies and segregated...more

NAIC Developments Affecting Insurer Investment Portfolios

This bulletin discusses pending actions of the (a) National Association of Insurance Commissioners (NAIC) Valuation of Securities (E) Task Force (VOS Task Force) to address certain issues associated with insurer investments...more

Long-Term Care Insurance Regulatory Updates

State insurance regulators, insurers, consumers and potential investors in the long-term care sector have for quite some time been concerned with two major issues facing the U.S. long-term care industry - significant rate...more

Acquisition of Insurance Producers: Common Pitfalls

According to OPTIS Partners’ latest quarterly report, following a slowdown in the second quarter of 2020, by the third quarter the mergers and acquisitions market for insurance agencies had returned to pre-pandemic levels....more

COVID-19 Slows Reinsurance Regulatory Reform

At the 2020 National Association of Insurance Commissioners (“NAIC”) Summer National Meeting, a senior regulator with the Missouri Department of Insurance observed that as of July 7, 2020 only eleven U.S. jurisdictions had...more

Increased Interest in Direct Private Placements

Direct private placements of bonds under Section 4(a)(2) of the United States Securities Act can provide a flexible method of raising capital and act as a strong complement or alternative to traditional offerings of bonds,...more

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