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NAIC Elects 2021 Officers News Direct Members of the National Association of Insurance Commissioners (NAIC) elected officers for 2021 during the closing activities of its Fall 2020 National Meeting, Wednesday December 9, 2020.
The following officers were elected for 2021:
President: Florida Insurance Commissioner David Altmaier
David Altmaier was appointed Commissioner of the Florida Office of Insurance Regulation (OIR) by the Financial Services Commission on April 29, 2016. Altmaier began his public service at OIR in 2008, serving in a number of roles including Chief Analyst of the Property and Casualty Financial Oversight unit and Deputy Commissioner of Property and Casualty Insurance. Altmaier currently serves on the following NAIC Executive Committees: Government Relations Executive Leadership Council (Vice Chair); Internal Administration Executive 1 Subcommittee (Vice
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If you have a townhouse, the type of homeowners insurance you need depends on whether there s a condo or homeowners association.
If your townhouse has a condo or homeowners association, you will need condo insurance. If your townhouse doesn t have a condo association, you will need standard homeowners insurance.
Homeowners insurance covers the dwelling itself, including any structures on your property.
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Health insurance coverage appears to have so far been quite stable in the face of COVID-19’s economic dislocations.
In addition, the health system appears to have rebounded from the cancellation of non-emergency medical care back in the spring, which was instituted to free up capacity to cope with COVID-19 cases.
Because most working Americans and their dependents have health insurance through employer-sponsored plans, analysts and policymakers raised concerns that millions of Americans could lose their health insurance coverage as a result of the sudden employment dislocation due to the COVID-19 shutdown. Indeed, some analysts projected substantial coverage losses.REF
KBRA Assigns Preliminary Rating to NRZ Excess Spread-Collateralized Notes, Series 2020-PLS1
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a preliminary rating of ‘BBB- (sf)’ to the Series 2020-PLS1 Term Notes from NRZ Excess Spread-Collateralized Notes. The Notes will be issued pursuant to a Master Credit Agreement (Agreement) by and among the Issuers and Collateral Agent/Note Registrar/Paying Agent. The notes represent the joint and several obligations of the Issuers to make monthly scheduled payments of interest and principal. The transaction is supported by a guarantee by the Guarantor, NRZ (
KBRA Rating: BB+/Negative), to cover both timely payments of interest and scheduled principal. The assets represent a portion of fees and income payable to the Servicers for servicing non-agency mortgage loans owned by various entities and generally included in legacy private label securities (PLS) RMBS transactions. This is the first KBRA rated transaction backed