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The Perfect Storm: NAIC v. Captives

05.28.2014
 

Wednesday, 
May 28, 2014

1:00 p.m. 
- 2:00 p.m. EDT

  

Please join Morris, Manning & MartinGovernment Entities Mutual andSaslow Lufkin & Buggy for a complimentary, informative webinar on recent proposed NAIC regulations concerning "multi-state insurers" and their significant impact on captive insurance companies. This one hour webinar will address:

  • How the proposed NAIC definition of "multi-state insurer" for accreditation purposes would require certain captive insurance companies to be regulated as traditional insurers.
  • An in-depth discussion of the regulatory, accounting and governance changes required by captive insurance companies that meet the definition of a "multi-state insurer."
  • The impact of the proposed regulations as it pertains to Government Entities Mutual, Inc. (a "multi-state insurer") and the options being considered.
  • Update regarding other accounting and regulatory matters affecting captive insurance companies.

Who should register for this webinar? 

This webinar is geared toward captive managers, attorneys, regulators, auditors and accountants, actuaries, controllers and chief financial officers.

To register for this complimentary webinar, please click here.  If you have any questions regarding the event, please contact Renée L'Eplattenier at 404.504.7778.

Download a pdf of this webinar.


About our presenters:

 

Robert "Skip" Myers, Jr. is the Managing Partner of Morris, Manning & Martin's Washington, D.C. office and Co-Chair of the Insurance and Reinsurance Practice. He focuses on insurance regulation and corporate matters with an emphasis on captive insurance and alternative risk transfer. Mr. Myers has written, spoken and presented testimony before legislative bodies on various issues, including antitrust regulation, financial services reform, the utilization of interstate compacts, the Liability Risk Retention Act and the Terrorism Risk Insurance Act. He was named in the top 5 of Captive Review'sPower 50 list in both 2012 and 2013. Morris, Manning & Martin was named 2012 Onshore Law Firm of the Year at the U.S. Captive Services awards.

 

Glenn D. Saslow is Director of the Saslow Lufkin & Buggy's Insurance Practice, specializing in auditing and business consulting services to property and casualty insurance companies. Mr. Saslow assists traditional and mutual insurers, captive insurance companies, risk retention groups, reciprocals, joint underwriting associations and public entity risk pools. He  also serves a variety of financial service companies including insurance brokers, agencies and investment management institutions.

Mr. Saslow is also active in numerous associations affiliated with alternative risk transfer and serves on the Board of Directors of both the Captive Insurance Council of the District of Columbia, as well as the Connecticut Captive Insurance Association.

 

John Foehl, Jr. is the President and CEO of Government Entities Mutual, Inc. GEM is a protected cell reinsurance captive domiciled in the District of Columbia. Mr. Foehl is also a founding partner of Captive.com, one of the industry’s leading web sites for captive news and information. He also serves as a Commission Member for the Amerind Risk Management Corporation’s Cell Commission, an advisory body to the ARMC’s Board of Directors and as the President for the Association of Government Risk Pools (AGRiP).

 

Saslow Lufkin & Buggy, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 
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