June 25, 2024
Back to Basics: Life/Health Guaranty Associations
CIPR is pleased to partner with The Institutes Griffith Insurance Education Foundation for the next installment of our Back-to-Basics series. This session will focus on life/health (L/H) guaranty associations, marking the first of a two-part series dedicated to understanding the guaranty system. Guaranty associations play a crucial role in safeguarding consumers and maintaining market stability. This non-partisan and non-advocative webinar will provide foundational knowledge to help inform important policy conversations.
In this session, we will delve into the origins, evolution, and current status of L/H guaranty associations. In addition, through the regulatory lens we will explore the integration of guaranty funds within the solvency framework.
Speakers:
Dr. Evan Eastman, Florida State University; Janis Potter, Illinois Life and Health Insurance Guaranty Association; Donna Wilson, Oklahoma Receivership Office.
Moderated by:
Frank Paul Tomasello - Executive Director, The Institutes Griffith Insurance Education Foundation
Eryn Campbell - Regulatory Research Services Manager
Agenda
About the Â鶹´«Ã½
As part of our state-based system of insurance regulation in the United States, the Â鶹´«Ã½ (Â鶹´«Ã½) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the Â鶹´«Ã½, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. Â鶹´«Ã½ staff supports these efforts and represents the collective views of state regulators domestically and internationally.