TITLE

NAIC argues that insurers are subject to RICO

AUTHOR(S)
Brostoff, Steven
PUB. DATE
December 1998
SOURCE
National Underwriter / Life & Health Financial Services;12/7/98, Vol. 102 Issue 49, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on National Association of Insurance Commissioners' belief concerning the application of the federal Racketeer Influenced and Corrupt Organizations (RICO) Act to the business of insurance in the United States. Need for states to enact legislation that would preempt civil RICO actions; Background on the law; Dispute over the ruling that RICO is subject to the reverse preemption of McCarran-Ferguson Act.
ACCESSION #
1373311

 

Related Articles

  • NAIC discusses need for terrorism insurance relief. Fletcher, Meg // Business Insurance;12/17/2001, Vol. 35 Issue 51, p4 

    Focuses on the concerns of the National Association of Insurance Commissioners for terrorism insurance coverage in the United States. Dissemination of terrorism definition for public comment; Provision of guidance for federal coverage programs; Proposal of exclusion for property damage.

  • NAIC Reports That 12 More States Have Joined CARFRA Program.  // Insurance Advocate;6/17/2002, Vol. 113 Issue 23, p36 

    Presents information on the Coordinated Advertising Rate and Form Review Authority program developed by the National Association of Insurance Commissioners to provide national standards for insurance products in the U.S.

  • Credit reports draw fire at NAIC. Otis, L.H. // National Underwriter / Property & Casualty Risk & Benefits Manag;6/12/95, Vol. 99 Issue 24, p4 

    Reports on criticism to the use of consumer credit reports for insurance underwriting during a National Association of Insurance Commissioners (NAIC) hearing. Question of methodology; Defense for the practice by Lamont Boyd and Steve Sheffey; Capability of reports to be confidential.

  • Free-look features getting another look from insurers. Jones, David C. // National Underwriter / Life & Health Financial Services;2/21/94, Vol. 98 Issue 8, p7 

    Discusses the obstacles that free-look requirements of life and health insurance products present to the insurance industry. Features of free-look mandates; Insurance groups' comment on free-look rules; National Association of Insurance Commissioners' policy stand on rule.

  • Staying power. Ourusoff, Alexandra; Meschi, Robert L. // FW;9/13/94, Vol. 163 Issue 19, p50 

    Reports on the standard for insurers to begin filing risk-based capital information required by the National Association of Insurance Commissioners. Purpose of the standards; Predictable effect of the risk-based capital ratio; Example; Net investment yields of P&C insurers. INSETS: 20th...

  • STATEMENT OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS SUBMITTED TO THE SENATE COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS (CONCERNING INTEGRATED FINANCIAL SERVICES). Foudree, Bruce W. // Journal of Insurance Regulation;Sep83, Vol. 2 Issue 1, p72 

    Deals with the comments of the National Association of Insurance Commissioners on the business of insurance in the U.S. Background on insurance regulation in the country; Concerns about the integration of financial services; Solvency regulations.

  • Editor's Perspective.  // Journal of Insurance Regulation;Fall93, Vol. 12 Issue 1, p1 

    Introduces a series of articles on insurance regulation in the U.S., including the history and application of state and National Association of Insurance Commissioners laws, rules and policies.

  • The NAIC's 2002 Agenda: Toward a More Efficient System of Insurance Regulation. Vaughan, Terri // Journal of Insurance Regulation;Spring2002, Vol. 20 Issue 3, p251 

    Presents information on the 2002 agenda of the National Association of Insurance Commissioners (NAIC) for U.S. insurance regulation. Insurance groups that have expressed their support for an optional federal charter; Details of the Producer Licensing Model Act; NAIC initiatives in an effort to...

  • As deaccreditations loom, some push `standstill'. Otis, L.H. // National Underwriter / Life & Health Financial Services;8/21/95, Vol. 99 Issue 34, p10 

    Reports that some regulators are advocating a standstill for National Association of Insurance Commissioners (NAIC) accreditation actions following the revelation of decertification for failure to meet updated requirement. List of updated requirements for accredited states; Drawing up of a list...

Share

Read the Article

Other Topics