statutory accounting

• 

  Captives, SPV subgroup draft recommends fixes to system

  By Elizabeth D. Festa  |  March 14, 2013

  The FIO will have a parallel track study under its advisory committee. Will the recommendations be any different?

• 

  NAIC captives/SPVs discussion spotlights state solvency oversight, SAP

  By Elizabeth D. Festa  |  November 29, 2012

  The regulatory divide between those loyal to captives and those who mistrust their use as tools to avoid SAP has deepened.

• 

  Captive SPVs: Shadow industry or necessary tool for life insurers?

  By Elizabeth D. Festa  |  November 21, 2012

  Some state regulators are raising the specter of the “shadow banking system” in addressing the captives issue.

• 

  Northwestern Mutual first to dethrift before Fed comes calling

  By Elizabeth Festa and Arthur D. Postal  |  October 24, 2012

  Others have said, like Principal Financial and TIAA-Cref, that their thrift is part of their business model.

• 

  Industry, Consumer Advocates Divided on Statutory MLR Ratio Calculations

  By Elizabeth Festa  |  July 17, 2012

  How --and for how many years--should rebates be included in the MLR numerator? It depends on if you are a health insurer or a patient.

• 

  Future SIFI Landscape Will Change Industry Dynamics, NAIC Execs Say

  By Elizabeth Festa  |  May 10, 2012

  SIFI and G-SIFI designations will change how companies are perceived by policyholders, shareholders, management, changing behavior, investment, patronage, regulators and companies say

• 

  Got Solvency? Work on NAIC's ORSA Model Act Underway

  By Elizabeth Festa  |  March 7, 2012

  NAIC is taking steps to improve solvency modernization both domestically and on an internationally-reviewed basis. FIO becomes involved in also looking at the U.S. solvency initiatives.

• State vs. Federal, Round Three

  By Elizabeth D. Festa  |  January 4, 2012

  Following a FIO conference on the nature of insurance regulation, and news of legislation aiming to strip federal offices of their power to regulate insurers, the American Council of Life Insurers (ACLI) said on December 14 that progress has been slow in making the state regulatory system uniform across all...

• 

  Commenters Find Fault with State Regulation; Look to FIO to Lead

  By Elizabeth Festa  |  December 16, 2011

  The Financial Services Roundtable says the FIO should be a leader among those who regulate the insurance sector in any way, shape or form. FSR and others find much to take state regulation to task for in comments due today to The Treasury Department's office of insurance.

• 

  ACLI Finds Same State Regulatory Problems More Than a Decade Later

  By Elizabeth Festa  |  December 14, 2011

  According to the ACLI, life insurance CEOs may be concerned about too much federal regulatory spread, but they still want a strong point man to coordinate with other agencies and states and to represent the U. S. internationally. And while they have many continued problems with state regulation, they still...