Discover the importance of the Regulatory Information Retrieval Service (RIRS) in general insurance, developed by the NAIC, for tracking actions by state insurance departments.
Understand the concept of statutory earnings or losses in general insurance, particularly as they appear on the NAIC convention blank. Learn how these figures impact an insurer's financial reporting.
Learn about Asset Valuation Reserve, a mandatory reserve for all invested assets across classes as required by the NAIC. Essential for maintaining insurance company solvency.
Explore the mandated uniform provisions in health insurance, set forth by the National Association of Insurance Commissioners (NAIC), to understand individual medical policy conditions.
Explore the Guertin Laws in Liability Insurance, established in 1947 for standardizing nonforfeiture and valuation regulations, named after Alfred Guertin from the NAIC committee.
Learn about Commissioner's Values, a crucial list of securities' values published annually by the National Association of Insurance Commissioners, used for insurance company balance sheets.
Learn about the standard provisions mandated by state law that are included in all life and health insurance policies. Discover how these provisions ensure consistency and compliance with regulations.
