On March 26, 2025, the Innovation, Cybersecurity, and Technology (H) Committee (“H Committee”) met at the Spring 2025 US National Meeting of the National Association of Insurance Commissioners (“NAIC”). The meeting covered...more
The Reinsurance (E) Task Force (“RTF”) of the US National Association of Insurance Commissioners (“NAIC”) held a virtual meeting on March 4, 2025, in lieu of meeting in person at the NAIC’s Spring 2025 National Meeting. In...more
The NAIC Spring National Meeting was held in Indianapolis from March 23-26, 2025. This update reports on some highlights of the Spring National Meeting sessions relating to insurance company investments....more
On March 22 and 23, 2025, the Life Actuarial (A) Task Force (LATF) met at the Spring 2025 National Meeting of the US National Association of Insurance Commissioners (NAIC) in Indianapolis, Indiana. This Legal Update reports...more
Two important meetings were held on March 17, 2025 by task forces of the National Association of Insurance Commissioners (“NAIC”):
the newly launched Risk-Based Capital Model Governance (EX) Task Force (“RBCMG TF”); and...more
AT A GLANCE - The NAIC Risk-Focused Surveillance (E) Working Group (RFSWG) met via teleconference on February 26, 2025 and initiated a new project relating to the management fees paid by reciprocal interinsurance exchanges...more
On January 17, 2024, the New York State Department of Financial Services (“NYSDFS”) released a proposed circular letter addressing the use of external consumer data and information sources (“ECDIS”) and artificial...more
1/26/2024
/ Artificial Intelligence ,
Comment Period ,
Consumer Information ,
Data Management ,
Discrimination ,
Disparate Impact ,
Fairness Standard ,
Information Governance ,
Information Management ,
Information Technology ,
Insurance Regulations ,
Machine Learning ,
NYDFS ,
Popular ,
Proposed Regulation ,
Regulatory Agenda ,
Risk Management ,
Underwriting
Raise your hand if you are an independent mortgage banker, a residential mortgage real estate investment trust (“mREIT”) or a nonbank investor in residential mortgage loans that would like to be subject to additional federal...more
2/4/2020
/ Consumer Financial Products ,
Dodd-Frank ,
Financial Services Industry ,
FSOC ,
Mortgage Lenders ,
Mortgage Loan Originators ,
Mortgage REITS ,
Mortgage Servicers ,
New Guidance ,
Non-Bank Lenders ,
Prudential Standards ,
Real Estate Investments ,
Real Estate Market ,
Regulatory Oversight ,
Regulatory Standards ,
Transparency
On October 16, 2019, the Division of Corporation Finance of the US Securities and Exchange Commission issued Staff Legal Bulletin No. 14K to provide additional guidance on shareholder proposals submitted pursuant to Rule...more