Draft of Adoption of Amendments to Life and Health Insurance Guaranty Association Model Act (#520)
An edit to the prior exposure draft is noted. Comments on the edit should be submitted to firstname.lastname@example.org by April 30th.
Guidance Regarding Recognition of Receivership Stays and Injunctions
IRMA Section 711 Documents
Adopted Modifications to the Receivers' Handbook for Insurance Company Insolvencies
2018 Handbook Edition
2016 Handbook Edition
2015 Handbook Edition
The mission of the Receivership and Insolvency (E) Task Force shall be administrative and substantive as it relates to issues concerning insurer insolvencies and insolvency guarantees. Such duties include, without limitation, monitoring the effectiveness and performance of state administration of receiverships and the state guaranty fund system; coordinating cooperation and communication among regulators, receivers and guaranty funds; monitoring ongoing receiverships and reporting on such receiverships to NAIC members; developing and providing educational and training programs in the area of insurer insolvencies and insolvency guarantees to regulators, professionals and consumers; developing and monitoring relevant model laws, guidelines and products; and providing resources for regulators and professionals to promote efficient operations of receiverships and guaranty funds.
Ongoing Support of NAIC Programs, Products or Services
The Receivership and Insolvency (E) Task Force will:
The following groups report to the Receivership and Insolvency Task Force: