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Life Insurers Council Commentary on Industry Issues
(Testimony, Press Releases, and Articles)

The LIC is active in presenting testimony to the NAIC, NCOIL, state Departments of Insurance, Congress, Federal regulators, and others regarding current issues affecting the industry. This page  contains links to LIC testimony about various legislative, regulatory and consumer issues and also links to articles, press releases, and other documents in which the LIC addresses issues of interest to insurers.

Testimony

NAIC Life Insurance and Annuity Replacement Model Regulation (e-mail, February 2006)

Fingerprint Model - Comments (Letter, February 2006)

NAIC Sarbanes-Oxley Efforts (Letter from LIC, March 2005)

Proposed NAIC 2005 Budget (Letter, November 2004)

NCOIL Officially Opposes SMART Act, Signs Letter to Congress (Letter, November 2004)

Comments on Model Audit Rule revisions  (Letter, September 2004)

Amended NCOIL Market Conduct Surveillance Model Law (Letter, September 2004)

LIC Responds to NAIC on Sarbanes-Oxley (Breaking News, June 2004)

Comments in connection with the proposed NCOIL Market Conduct Surveillance Model Law (Letter, February 2004)

Comments on Nevada's proposed regulation regarding disclosure for Small Face Amount Life Insurance policies (Letter, November 2003)

Comments on the NAIC 2004 Draft Budget (Letter, October 2003)

Comments to NCOIL on the October 3, 2003 draft of the Market Conduct Surveillance Model Law (Letter, October 2003)

Comments regarding NAIC due process related to amendment of the Senior Protection in Annuity Transactions Model Regulation (Letter, September 2003)

Comments on Small Face Amount Working Group Hearing in New York City 
  (Letter, June 2003)

Comments on Senior Protection in Annuity Transactions Model Act and Regulation Proposal (Letter, April 2003) 

Press Releases and Articles

Now is the Time for Regulatory Reform, Speakers Say at LIC Annual Meeting. (Article, May 2003) 

NAIC Adopts LIC Proposal on Regulatory Reform. (Press Release, May 2003)

LIC Commissioners' Roundtable Highlights NAIC Leadership. (Press Release, May 2003)

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For More Information
Contact the LIC at LOMA:
770/984-3724 (phone)
770/984-3780 (fax)
lic@loma.org

 

 

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