The US Department of the Treasury (Treasury), Bureau of the Fiscal Service (Fiscal Service) has published a Notice of Proposed Rulemaking relating to the federal regulations governing the corporate Federal surety bond program...more
The EU-US Insurance Dialogue Project (“Project”) began in early 2012 as an initiative by the European Commission, the European Insurance and Occupational Pensions Authority (EIOPA), the Federal Insurance Office (FIO) of the...more
11/8/2021
/ Artificial Intelligence ,
Big Data ,
Cross-Border ,
Cyber Threats ,
Cybersecurity ,
EU ,
Insurance Industry ,
International Harmonization ,
NAIC ,
Popular ,
Regulatory Agenda ,
Technology Sector ,
Working Groups
The National Association of Insurance Commissioners (NAIC) Reinsurance (E) Task Force has approved proposed revisions to the Credit for Reinsurance Model Law (Model Law) and the Credit for Reinsurance Model Regulation (Model...more
5/22/2019
/ Capital Requirements ,
Covered Agreement ,
EU ,
Federal Agency Taskforce ,
Financial Solvency ,
Insurance Industry ,
Jurisdiction ,
NAIC ,
Proposed Amendments ,
Reinsurance ,
Risk-Based Approaches ,
The Model Law ,
UK ,
US-EU Covered Agreement ,
USTR
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). After a period of uncertainty...more
5/21/2019
/ Dodd-Frank ,
EU ,
European Economic Area (EEA) ,
Federal Insurance Office ,
GAAP ,
IFRS ,
Insurance Industry ,
Legal History ,
NAIC ,
Reinsurance ,
Solvency II ,
U.S. Treasury ,
UK ,
UK Brexit ,
US-EU Covered Agreement ,
USTR
The National Association of Insurance Commissioners (NAIC) Reinsurance (E) Task Force has issued updated proposed revisions to the Credit for Reinsurance Model Law and the Credit for Reinsurance Model Regulation (Credit for...more
Throughout 2018, the National Association of Insurance Commissioners (NAIC) Reinsurance (E) Task Force has been working on proposed revisions to the Credit for Reinsurance Model Law and the Credit for Reinsurance Model...more
12/31/2018
/ Comment Period ,
Covered Agreement ,
EU ,
Insurance Industry ,
Jurisdiction ,
NAIC ,
Proposed Amendments ,
Reinsurance ,
U.S. Treasury ,
UK ,
UK Brexit ,
US-EU Covered Agreement
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). After a period of uncertainty...more
12/31/2018
/ Dodd-Frank ,
EU ,
Federal Insurance Office ,
GAAP ,
IFRS ,
Insurance Industry ,
NAIC ,
Preemption ,
Reinsurance ,
U.S. Treasury ,
UK Brexit ,
US-EU Covered Agreement ,
USTR
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). After a period of uncertainty...more
7/3/2018
/ Covered Agreement ,
Dodd-Frank ,
EU ,
FIO ,
Insurance Industry ,
Regulatory Oversight ,
Reinsurance ,
Solvency II ,
Trump Administration ,
U.S. Treasury ,
USTR
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). After a period of uncertainty...more
The National Association of Insurance Commissioners (NAIC) held a public hearing in New York on February 20, 2018, to receive comments on the steps it should take to address the reinsurance collateral provisions of the...more
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). After a period of uncertainty...more
10/4/2017
/ Dodd-Frank ,
EU ,
European Economic Area (EEA) ,
GAAP ,
IFRS ,
Insurance Industry ,
NAIC ,
Reinsurance ,
Solvency II ,
Trump Administration ,
U.S. Treasury ,
US-EU Covered Agreement
On January 13, 2017, the then-US Secretary of the Treasury and the then-US Trade Representative (USTR) notified Congress that they had negotiated a covered agreement with the European Union (EU). Once the Covered Agreement...more
On Thursday, February 16, the Housing and Insurance subcommittee of the Financial Services Committee of the United States House of Representatives will hold a public hearing entitled, “Assessing the U.S.-EU Covered...more
2/14/2017
/ Dodd-Frank ,
EU ,
European Economic Area (EEA) ,
GAAP ,
IFRS ,
Insurance Industry ,
Jurisdiction ,
NAIC ,
Reinsurance ,
Solvency II ,
Trump Administration ,
US-EU Covered Agreement
On Friday, November 20, 2015, the U.S. Department of the Treasury and the U.S. Trade Representative (USTR) notified the chairs of the U.S. House Financial Services Committee, House Ways and Means Committee, Senate Banking...more