Receivership and Insolvency (E) Task Force
Receivership and Insolvency (E) Task Force Page
Joint Executive (EX) / Plenary Committee Summary Report
Winter 2009 Meeting Summaries Index

The Receivership and Insolvency (E) Task Force met Dec. 6, 2009. During this meeting, the Task Force:

• Received a legislative update related to receivership matters from Charles Richardson, Baker & Daniels, LLP.

• Discussed a matrix highlighting issues and possible solutions described within comment letters received from interested parties and interested regulators regarding solutions to address concerns with the timing and collection of reinsurance recoverables held by insurers in receivership. The Task Force intends to discuss the issues and possible solutions during future Task Force meetings.

• Adopted the Nov. 18 conference call minutes.

• Heard a status update from the IRMA Critical Elements Review Group.

• Received the Receivership Technology & Administration (E) Working Group report.