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OverviewInsurance attorney Peter Lencsis provides a unique, objective description of the insurance regulatory system as it exists today in the United States. Concise but comprehensive, it provides an easily grasped, immediately useful explanation of how the regulatory system works. Because of the federal McCarran-Ferguson Act, most insurance regulation is left to the individual states, and is thus non-uniform. But there is still a common pattern to state regulation, explains Lencsis, due in large part to the activities of the National Association of Insurance Commissioners and its own uniform standards. Lencsis covers the formation and licensing of insurance companies and the regulation of their underwriting and investment activities, as well as the insurance insolvency laws and guaranty funds, assigned risk plans, reinsurance, holding companies, and the regulation of agents and brokers. An important resource for insurance industry professionals, and others in regulatory agencies of the public sector. Full Product DetailsAuthor: Peter LencsisPublisher: Bloomsbury Publishing Plc Imprint: Praeger Publishers Inc Dimensions: Width: 15.60cm , Height: 1.80cm , Length: 23.50cm Weight: 0.425kg ISBN: 9781567200850ISBN 10: 1567200850 Pages: 160 Publication Date: 28 May 1997 Recommended Age: From 7 to 17 years Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsIntroduction Historical Background State Versus Federal Insurance Regulation Formation and Organization of Insurers Licensing of Insurers Assets, Reserves, and Investments Annual Statements and Periodic Examinations Rates and Rating Organizations Insurance Contracts Assigned Risk Plans and Other Residual Market Mechanisms Agents, Brokers, and Other Representatives Holding Companies and Corporate Changes Non-Admitted Insurers and Other Risk Management Alternatives Insurer Insolvencies and State Guaranty Funds Reinsurance Trade Practices and Miscellaneous Regulation State and Federal Taxation of Insurers Appendix: McCarran-Ferguson Act Table of Key Statutory Provisions Further Reading IndexReviewsAuthor InformationPETER M. LENCSIS is an attorney in private practice in New York City. Formerly Vice President and General Counsel of Greater New York Mutual Insurance Company, he has contributed to legal treatises in his field and has been a member of the adjunct faculty at The College of Insurance since 1987. Tab Content 6Author Website:Countries AvailableAll regions |
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