NCOIL to examine SAFE-T solvency oversight concept. (National Conference of Insurance Legislators, Solvency and Financial Enforcement Trust): An article ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on September 13, 1993. The length of the article is 475 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The National Conference of Insurance Legislators (NCOIL) is examining the Solvency and Financial Enforcement Trust (Safe-T) proposal for regulating property and casualty (p-c) insurance company solvency. NCOIL Pres Richard Worman is enthusiastically supportive of the Safe-T plan as a simple and logical alternative to a risk-based capital formula being prepared by insurance regulators. Safe-T would require p-c companies to deposit capital assets equal to insurance liabilities with a financial institution and supplement the trust account as liabilities increase.

Citation Details
Title: NCOIL to examine SAFE-T solvency oversight concept. (National Conference of Insurance Legislators, Solvency and Financial Enforcement Trust)
Author: L.H. Otis
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: September 13, 1993
Publisher: The National Underwriter Company
Issue: n37 Page: p4(2)

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