Solvency II is a European Union directive that codifies and harmonizes European insurance regulation. It focuses on risk-based capital requirements, ensuring that insurance firms hold enough capital to mitigate risks.
The National Association of Insurance Commissioners (NAIC) is a nonprofit organization that assists in the development of model laws for state insurance regulators. This article provides an in-depth look at NAIC's role, history, functions, and significance in the insurance industry.
An overview of the landmark Supreme Court case U.S. v. The South-Eastern Underwriters Association, which allowed Congress to regulate insurance companies.
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