Regulators cautious about assumption re transfers. (National Association of Insurance Commissioners, reinsurance): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

by Cynthia Crosson

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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on June 22, 1992. The length of the article is 576 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The National Association of Insurance Commissioners has given a three-state subcommittee the responsibility to amend the draft of its assumption reinsurance model law, following insurance industry response to the proposal. The law calls for multi-state licensing for assuming companies and for states to provide guaranty fund coverage to residents in the event of assuming carrier bankruptcy. Some insurance companies fear the law, which is planned to become effective in Dec 1992, will inhibit reinsurance activity.

Citation Details
Title: Regulators cautious about assumption re transfers. (National Association of Insurance Commissioners, reinsurance)
Author: Cynthia Crosson
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: June 22, 1992
Publisher: The National Underwriter Company
Issue: n25 Page: p9(2)

Distributed by Thomson Gale

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