NAIC keeps regulatory wheels rolling - slowly

Article Abstract:

The National Assn of Insurance Commissioners (NAIC) plans to establish risk-based capital standards for the life insurance and property/casualty insurance industries by the end of 1992. This deadline may be hard to meet because of an administrative change that moved the sessions in which commissioners vote on model laws to the first day of a zone meeting instead of the last day. An NAIC task force has created a controversy through the issuance of a draft of the Assumption Reinsurance Model Act.

Author: Schmidt, Charlie
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
Standards, Laws, regulations and rules, Reinsurance, National Association of Insurance Commissioners

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Eliminating the paper chase

Article Abstract:

North American Security Life uses DST Systems' Automated Work Distributor for storage and retrieval of images and information. Documents are scanned into a computer, indexed and organized according to a newly defined workflow. The system decreases errors and personnel costs, while increasing work capacity.

Author: Conrad, Kenneth H.
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
Prepackaged software, Data processing and preparation, Case studies, Software, Product information, Project management systems, Project management software, DST Systems Inc., Records management, North American Security Life Insurance Co.

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Subjects list: Insurance industry
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