NAIC Capital & Surplus Relief Working Group to Hold Public Hearing on Proposals to Revise Accounting Procedures & Reserve Standards for 12/31/08 Life Insurer Financial Statements

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The National Association of Insurance Commissioners (“NAIC”) Capital & Surplus Relief Working Group has scheduled a public hearing on January 27, 2009, in Washington, D.C., to consider proposed revisions to certain rules and accounting procedures intended to provide capital and surplus relief to life insurers on their December 31, 2008, statutory financial statements. The hearing will be held at the Marriott Wardman Park Hotel, 2660 Woodley Road, beginning at 10 a.m.

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