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Receivership and Insolvency (E) Task Force

2024 Membership

2024 Adopted Charges

The mission of the Receivership and Insolvency (E) Task Force is to be administrative and substantive on issues concerning insurer insolvencies and insolvency guarantees. Such duties include, without limitation:
1) monitoring the effectiveness and performance of the state administration of receiverships and the state guaranty fund system; 2) coordinating cooperation and communication among state insurance regulators, receivers, and guaranty funds; 3) monitoring ongoing receiverships and reporting on such receiverships to NAIC members; 4) developing and providing educational and training programs in the area of insurer insolvencies and insolvency guarantees to state insurance regulators, professionals, and consumers; 5) developing and monitoring relevant model laws, guidelines, and products; and 6) providing resources for state insurance regulators and professionals to promote efficient operations of receiverships and guaranty funds.

The Receivership and Insolvency (E) Task Force will:

  1. Monitor and promote efficient operations of insurance receiverships and guaranty associations.
  2. Monitor and promote state adoption of insurance receivership and guaranty association model acts and regulations, and monitor other legislation related to insurance receiverships and guaranty associations.
  3. Provide input and comments to the International Association of Insurance Supervisors (IAIS), the Financial Stability Board (FSB), or other related groups on issues regarding international resolution authority.
  4. Monitor, review, and provide input on federal rulemaking and studies related to insurance receiverships.
  5. Provide an ongoing review of the Receiver’s Handbook for Insurance Company Insolvencies (Receiver’s Handbook), other related NAIC publications, and the Global Receivership Information Database (GRID), and make any necessary updates.
  6. Monitor the work of other NAIC committees, task forces, and working groups to identify and address any issues that affect receivership law and/or regulatory guidance.
  7. Perform additional work as directed by the Financial Condition (E) Committee and/or received through referrals by other groups.

The following groups report to the Receivership and Insolvency Task Force:

 

Receivership and Insolvency (E) Task Force

Receivership and Insolvency (E) Task Force
Sunday, March 17, 2024
11:00 AM - 12:00 PM MT

Phoenix Ballroom AB - Sheraton - Level 3

RECEIVER TOOLS

State Receivership Contacts

Uniform Data Standard

Additional Resources for Receivers

Receivership Data Privacy and Security

Exhibits and Checklists from the Receivers’ Handbook for Insurance Company Insolvencies
Note: Items not linked can be found in the Receivers’ Handbook for Insurance Company Insolvencies

Exhibits                                                          

Checklists

Education & Training Events

 

 

Related NAIC Publications

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Jane Koenigsman
Sr. Manager, L/H Financial Analysis
816.783.8145 

 

Please see the current Committee List for a complete list of committee members.