“Developments from the NAIC 2013 Spring National Meeting”
The NAIC held its 2013 Spring National Meeting in Houston, Texas from April 4th through April 9th. It was the first of three NAIC 2013 National Meetings. The meeting marked the national debut of the NAIC’s new Chief Executive Officer, Mr. Ben Nelson (former U.S. Senator from Nebraska) and President, Mr. James J. Donelon (Louisiana Insurance Commissioner).
This Stroock Special Bulletin highlights recent developments regarding captive reinsurers, special purpose vehicles, principle-based reserving, insurance company corporate governance, and qualified financial contracts to which insurers are party.