Conduct of Employment Agencies and Employment Businesses Regulations 2003

NAIC Names Its 2023 Committee Leadership

Retrieved on: 
Wednesday, January 18, 2023
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KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.

Key Points: 
  • KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.
  • The NAIC also assigned members to its standing committees and named its 2023 task force chairs and vice chairs based on requirements established by the NAIC Bylaws .
  • "I look forward to seeing the work that the eight standing committees will produce and the lasting impact their work has on state-based regulation and the industry overall."
  • The 2023 NAIC committee leadership assignments are as follows.

Innovative Minds Gather Together at the Third Edition of the Future Innovation Summit

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Monday, October 24, 2022
Conduct of Employment Agencies and Employment Businesses Regulations 2003, Digital technology, Labour, Technology, Immigration, Corporate law, H2H, Dubai Police Force, Investment, Knowledge, Esports, Board, Innovation Park, Summit, GLOBE, Head, Compliance, Video game, Renewable energy, Metaverse

Dubai, UAE , Oct. 24, 2022 (GLOBE NEWSWIRE) -- The third edition of the semi-annual Future Innovation Summit took place on the 19th and 20th of October at the Grand Hyatt in Dubai. The event has brought together a remarkable community of over 3,000 diverse attendees that aspire to expand the horizons of collective knowledge and wisdom in Web3.

Key Points: 
  • Dubai, UAE , Oct. 24, 2022 (GLOBE NEWSWIRE) -- The third edition of the semi-annual Future Innovation Summit took place on the 19th and 20th of October at the Grand Hyatt in Dubai.
  • The two-day conference was meant to connect the sharpest minds in innovation.
  • It gave access to talks by some of the greatest minds from over 200 industry experts in various fields, including eSports, Law & Regulation, and Metaverse.
  • The Future Innovation Summit is one of the largest innovation conferences in the MENA region.

NAIC Passes Pet Insurance Model Act

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Monday, August 15, 2022
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KANSAS CITY, Mo., Aug. 15, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) members pass a Pet Insurance Model Act to establish appropriate regulatory standards for the pet insurance industry, which has annual premiums of approximately $2.8 billion in total in-force premiums in 2021 (up over 30.5% from $2.175 billion in 2020) and over 4.41 million insured pets across North America, up 27.7% from over 3.45 million pets insured in 2020, according to the North American Pet Health Insurance Association.

Key Points: 
  • KANSAS CITY, Mo., Aug. 15, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) members pass a Pet Insurance Model Act to establish appropriate regulatory standards for the pet insurance industry, which has annual premiums of approximately $2.8 billion in total in-force premiums in 2021 (up over 30.5% from $2.175 billion in 2020) and over 4.41 million insured pets across North America, up 27.7% from over 3.45 million pets insured in 2020, according to the North American Pet Health Insurance Association.
  • "This model law establishes clear rules for the sale of pet insurance and provides important disclosures to pet owners interested in purchasing this product," said Beth Dwyer, Superintendent of Insurance for the Rhode Island Department of Business Regulation.
  • Preexisting Conditions: The model limits how insurers can deny pet insurance claims related to preexisting conditions of covered pets.
  • Wellness Programs: The model explicitly requires insurers and their producers to clearly differentiate pet wellness programs from insurance policies to help eliminate consumer confusion between insurance policies and non-insurance wellness programs.

NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council

Retrieved on: 
Thursday, March 31, 2022
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WASHINGTON, March 31, 2022 /PRNewswire/ -- The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, Superintendent of Banking and Insurance for Rhode Island's Department of Business Regulation, to serve as NAIC members' representative on the Financial Stability Oversight Council (FSOC). She will succeed recently retired Maine Bureau of Insurance Superintendent Eric Cioppa and will provide the Council with critical expertise and the perspective of state insurance regulators.

Key Points: 
  • WASHINGTON, March 31, 2022 /PRNewswire/ -- The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, Superintendent of Banking and Insurance for Rhode Island's Department of Business Regulation, to serve as NAIC members' representative on the Financial Stability Oversight Council (FSOC).
  • She will succeed recently retired Maine Bureau of Insurance Superintendent Eric Cioppa and will provide the Council with critical expertise and the perspective of state insurance regulators.
  • "Ensuring financial stability nationwide requires trust, clear communication, and close collaboration between the states and the federal government.
  • The Council comprises ten voting members and five non-voting members and monitors the safety and stability of the nation's financial system, identifies risks to the system, and coordinates responses.

Momentum Builds for First Bermuda Risk Summit

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Monday, February 14, 2022
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The Bermuda Business Development Agency (BDA) is excited to announce that additional international speakers and partners will participate in Bermudas first major in-person risk event since 2019, the Bermuda Risk Summit being held March 14-16, 2022.

Key Points: 
  • The Bermuda Business Development Agency (BDA) is excited to announce that additional international speakers and partners will participate in Bermudas first major in-person risk event since 2019, the Bermuda Risk Summit being held March 14-16, 2022.
  • The BDA remains grateful for the generous support of our diamond sponsors the Association of Bermuda Insurers & Reinsurers (ABIR) and EY, and silver sponsors Ariel Re, Kirkland & Ellis, KPMG, and SiriusPoint.
  • Located in the Hamilton Princess & Beach Club, the Risk Summit will include three, half-day sessions featuring morning panels, roundtable discussions and lunch presentations, leaving afternoons free to enjoy excursions, meetings or networking.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

BDA to Host First Major On-Island In-Person Risk Event Since 2019

Retrieved on: 
Monday, February 7, 2022
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The Bermuda Business Development Agency (BDA), is pleased to announce that it will hold our first ever Bermuda Risk Summit on March 14-16.

Key Points: 
  • The Bermuda Business Development Agency (BDA), is pleased to announce that it will hold our first ever Bermuda Risk Summit on March 14-16.
  • The global CEO panel will be moderated by Craig Swan, CEO of the Bermuda Monetary Authority (BMA).
  • John Huff, President and CEO of ABIR, said, The Bermuda Risk Summit will be the first, large in-person risk event on island since late 2019.
  • The BDA encourages direct investment and helps companies start up, re-locate, or expand their operations in our premier jurisdiction.

NAIC 2022 Committee Leadership in Place

Retrieved on: 
Wednesday, January 19, 2022
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WASHINGTON, Jan. 19, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2022 committee chairs and vice chairs.

Key Points: 
  • WASHINGTON, Jan. 19, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2022 committee chairs and vice chairs.
  • The Association also assigned members to the organization's standing committees, as well as announced the names of its 2022 task force chairs and vice chairs.
  • The insurance industry is constantly evolving, and this year we named a chair and co-vice chairs for the NAIC's H Committee, a committee that will focus oninnovation, cybersecurity and technology," said NAIC President and Idaho Insurance Director, Dean L. Cameron.
  • "I look forward to working with my talented colleagues as we advance the work of the NAIC."

Former Florida Representative Mark R. Ogles joins MyTrustMe.com as Director of Business Development

Retrieved on: 
Monday, January 3, 2022
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AVENTURA, Fla., Jan. 03, 2022 (GLOBE NEWSWIRE) -- MyTrustMe.com is proud to announce the appointment of Mark Ogles as Director, Sales & Business Development.

Key Points: 
  • AVENTURA, Fla., Jan. 03, 2022 (GLOBE NEWSWIRE) -- MyTrustMe.com is proud to announce the appointment of Mark Ogles as Director, Sales & Business Development.
  • He will be based out of Bradenton, FL, and will report directly to Roni Gannon, CEO of MyTrustMe.com LLC.
  • He joins MyTrustMe.com from Public Property Solutions, a non-profit helping local governments.
  • Between 1992-2000, Mark spent eight years as a Representative in the Florida State House of Representatives.