Regulatory Update: NAIC Summer 2020 National Meeting
Data Matters
SEPTEMBER 3, 2020
The GCC Working Group also discussed an additional exemption that would apply, subject to the lead-state commissioner’s discretion, to groups whose premium is under the $1 billion premium threshold set forth in the Risk Management and Own Risk and Solvency Assessment (ORSA) Model Act, so long as certain other criteria exist.
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