News & Analysis as of

Insurance Holding Company

Bressler, Amery & Ross, P.C.

New Jersey Amends the Holding Company Systems Regulations to Conform New Jersey’s Rules to the Requirement for a Worldwide Group...

Under Federal Law, the Group Capital Calculation (GCC) is the means through which states put in place a “worldwide group capital calculation” to avoid the European Union from imposing a group capital requirement of its own on...more

Foley & Lardner LLP

States Continue to Adopt NAIC Liquidity Stress Test Updates

Foley & Lardner LLP on

In December 2020, the National Association of Insurance Commissioners (the NAIC) adopted revisions to the Insurance Holding Company System Regulatory Act (the “Model Law”) that require large life insurers to report the...more

Foley & Lardner LLP

States Continue to Adopt NAIC Group Capital Calculation Updates

Foley & Lardner LLP on

In 2020, the National Association of Insurance Commissioners (the NAIC) revised the Insurance Holding Company System Regulatory Act (the “Model Law”) and Insurance Holding Company System Model Regulation (the “Model...more

A&O Shearman

A comparative overview of the Hong Kong and Singapore regulatory frameworks for the supervision of insurance groups

A&O Shearman on

The Hong Kong government recently announced that the insurance group-wide supervision framework (GWS framework) will commence on 29 March 2021. The GWS framework will be implemented via the Insurance (Amendment) (No. 2)...more

Locke Lord LLP

California Adopts NAIC Corporate Governance Annual Disclosure Requirements

Locke Lord LLP on

On Monday, August 17, 2015, California Assembly Bill 553 was signed by Governor Jerry Brown, and became immediately effective. AB 553 adopts much of the NAIC’s Model Corporate Governance Annual Disclosure Model Act, along...more

Hinshaw & Culbertson LLP

Latest Updates to the California Inurance Holding Company Act

Hinshaw & Culbertson LLP on

Hinshaw & Culbertson LLP attorney Suh Choi has updated and enhanced Chapter 5, The California Insurance Holding Company Act, for the LexisNexis California Insurance Law & Practice treatise. The latest update features a...more

Hinshaw & Culbertson LLP

California Insurance-Related Bills Signed into Law

September 30, 2014, was the deadline for Governor Jerry Brown to take action on bills passed by the California Legislature during the 2014 regular legislative session. Here are summaries of noteworthy insurance-related bills...more

Saul Ewing Arnstein & Lehr LLP

Pennsylvania’s final insurance holding company regulations – what PA insurers need to know for intercompany agreements

Pennsylvania insurers should be prepared to comply now with significant new requirements for intercompany agreements – management agreements, service contracts, tax allocation agreements, guarantees and cost-sharing...more

Saul Ewing Arnstein & Lehr LLP

Pennsylvania Insurance Department’s Proposed Insurance Holding Company Regulations – Significant Changes Ahead

Pennsylvania insurers should be aware that proposed changes to Pennsylvania’s Insurance Holding Company regulations impose significant new requirements – especially for management agreements, service contracts, tax allocation...more

Eversheds Sutherland (US) LLP

Legal Alert: New York Adopts Holding Company Act Amendments

On July 31, 2013, Governor Cuomo signed into law New York Assembly Bill 7807A, which adopts key changes to the regulation of insurance holding company systems in New York under Article 15 of the New York Insurance Law and the...more

Saul Ewing Arnstein & Lehr LLP

Maryland Enacts Revisions to Insurance Acquisitions Disclosure and Control Act

With the 2013 Maryland General Assembly’s passage of House Bill 431, Maryland became the 16th state to enact new and revised standards and reporting requirements for insurers and their parents/affiliates that are part of an...more

Saul Ewing Arnstein & Lehr LLP

New York Insurance Holding Company Regulation Amendments to take effect on June 23, 2013

The New York Department of Financial Services has adopted amendments to its insurance holding company regulation, which are intended to (i) harmonize the regulation to the NAIC’s Model Insurance Holding Company System...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide