John M. Huff, director of the Missouri Department of Insurance, has been appointed chairman of a National Association of Insurance Commissioners (NAIC) task force focusing on insurance solvency regulation, the Missouri Department of Insurance, Financial Institutions and Professional Registration reported on Tuesday.The NAIC created the Solvency Modernization Initiative in 2008 as "a critical self-examination of the United States' insurance solvency regulation framework and includes a review of international developments regarding insurance supervision, banking supervision, and internationa...
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