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Regulatory Review. MAF Fall 2003 Joe Olson Amerisure Insurance Companies September 24, 2003. THE PARTNERSHIP PROMISE: A PASSION TO EXCEL. Federal Regulation NAIC Status National Issues General State Issues Individual State Issues. Agenda. 2. From the Media Dictionary.
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Regulatory Review MAF Fall 2003 Joe Olson Amerisure Insurance Companies September 24, 2003 THE PARTNERSHIP PROMISE:A PASSION TO EXCEL
Federal Regulation NAIC Status National Issues General State Issues Individual State Issues Agenda 2
From the Media Dictionary • Bigotry: The open expression of conservative opinions • Inappropriate: True, but unmentionable for political reasons • Spew, Spout: To speak in a way that is inappropriate. A style of speech favored by bigots (see above) 3
From the Media Dictionary (cont) • Judiciary: A body of citizens charged with making those laws that Congress has omitted to make • Tax cut for the rich: Tax cut • Warmonger: A person who wishes ill to his country’s enemies • Media: A program of indoor relief for unemployable intellectuals 4
NAIC and Regulation • Federal Regulation: Who will Regulate the Business of Insurance? • Mired in Limbo: The NAIC 5
National Issues • Terrorism • Asbestos • Class Actions • Privacy • Corporate Governance 6
General State Issues • Credit Scoring • Regulatory Modernization • Budgets 7
Specific State Issues • Illinois • Indiana • Michigan • Minnesota • Ohio • Wisconsin 8