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NAIC Regulatory Reform Insurance Industry

Mayer Brown

Big Data and Artificial Intelligence (H) Working Group

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During the Summer 2025 National Meeting of the US National Association of Insurance Commissioners (“NAIC”) in Minneapolis, Minnesota, the Big Data and Artificial Intelligence (H) Working Group (“BDAI WG”) met on August 12,...more

McDermott Will & Schulte

NAIC Summer National Meeting: Financial Condition (E) Committee advances formation of new Reciprocal Exchanges (E) Working Group...

Earlier this year, noting “the recent increase in the number of reciprocal exchanges being formed and challenges in assessing the fairness and reasonableness of attorney-in-fact fees being charged to the newly formed...more

Conyers

Conyers Coverage Issue 13 – Summer Edition 2025

Conyers on

A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more

Mayer Brown

NAIC Proposes Reorganization of Subunits Addressing Insurance Company Investments

Mayer Brown on

NAIC PROPOSES REORGANIZATION OF SUBUNITS ADDRESSING INSURANCE COMPANY INVESTMENTS - The other shoe has finally dropped. On June 6, 2025, the Investment Framework Drafting Group of the NAIC’s Financial Condition (E)...more

Zelle  LLP

AI Update: Insurance Commissioners Challenge One Big Beautiful Bill Act’s Definition of Artificial Intelligence

Zelle LLP on

One Big Beautiful Bill Act (“OBBA”) which would impose a 10-year freeze on new state-level artificial intelligence regulations and suspend enforcement of existing ones is being challenged by several state insurance...more

Conyers

ReConnect Recap: Key Takeaways from the 2025 Conference

Conyers on

If last year’s first ReConnect conference embodied a successful proof of concept, the second iteration has not only maintained momentum, but leveraged last year’s foundation to propel towards greater success. The total number...more

Conyers

Conyers Coverage Issue 12

Conyers on

A warm welcome to this 12th edition of Conyers Coverage to kick off 2025. Now that the dust has settled, our team is reflecting on another exceptional year for the Cayman Islands (re)insurance industry in 2024. We lawyers may...more

Eversheds Sutherland (US) LLP

Highlights from the NAIC Summer 2024 National Meeting

In our recent webinar, members of the Eversheds Sutherland Insurance Practice Group discussed noteworthy developments from the National Association of Insurance Commissioners (NAIC) Summer National Meeting that was held in...more

McDermott Will & Schulte

Louisiana MGA Legislation: A Sign of Heightened Scrutiny?

Louisiana recently amended its statutes regulating managing general agents (MGAs). Certain of the amendments conform Louisiana law to the National Association of Insurance Commissioners MGA Model Act (NAIC Model) adopted in...more

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