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Navigating Federal Regulations: A Comprehensive Review of Insurance Policies and State Issues

Dive into the fall 2003 MAF review by Joe Olson from Amerisure Insurance Companies, focusing on federal regulations and NAIC status. Explore national and state topics, from terrorism to credit scoring, shaping the insurance landscape. Learn insights on regulatory modernization and state-specific challenges in Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin.

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Navigating Federal Regulations: A Comprehensive Review of Insurance Policies and State Issues

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  1. Regulatory Review MAF Fall 2003 Joe Olson Amerisure Insurance Companies September 24, 2003 THE PARTNERSHIP PROMISE:A PASSION TO EXCEL

  2. Federal Regulation NAIC Status National Issues General State Issues Individual State Issues Agenda 2

  3. From the Media Dictionary • Bigotry: The open expression of conservative opinions • Inappropriate: True, but unmentionable for political reasons • Spew, Spout: To speak in a way that is inappropriate. A style of speech favored by bigots (see above) 3

  4. From the Media Dictionary (cont) • Judiciary: A body of citizens charged with making those laws that Congress has omitted to make • Tax cut for the rich: Tax cut • Warmonger: A person who wishes ill to his country’s enemies • Media: A program of indoor relief for unemployable intellectuals 4

  5. NAIC and Regulation • Federal Regulation: Who will Regulate the Business of Insurance? • Mired in Limbo: The NAIC 5

  6. National Issues • Terrorism • Asbestos • Class Actions • Privacy • Corporate Governance 6

  7. General State Issues • Credit Scoring • Regulatory Modernization • Budgets 7

  8. Specific State Issues • Illinois • Indiana • Michigan • Minnesota • Ohio • Wisconsin 8

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