Receivership and Insolvency (E) Task Force
- Financial Condition (E) Committee
- Accounting Practices and Procedures (E) Task Force
- Blanks (E) Working Group
- Statutory Accounting Principles (E) Working Group
- Capital Adequacy (E) Task Force
- Health Risk-Based Capital (E) Working Group
- Life Risk-Based Capital (E) Working Group
- Generator of Economic Scenarios (GOES) (E/A) Subgroup
- Longevity Risk (E/A) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
- Property and Casualty Risk-Based Capital (E) Working Group
- Catastrophe Risk (E) Subgroup
- Risk-Based Capital Investment Risk and Evaluation (E) Working Group
- Examination Oversight (E) Task Force
- Electronic Workpaper (E) Working Group
- Financial Analysis Solvency Tools (E) Working Group
- Financial Examiners Coordination (E) Working Group
- Financial Examiners Handbook (E) Technical Group
- Information Technology (IT) Examination (E) Working Group
- Financial Analysis (E) Working Group
- Financial Stability (E) Task Force
- Macroprudential (E) Working Group
- Group Capital Calculation (E) Working Group
- Group Solvency Issues (E) Working Group
- Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup
- Mutual Recognition of Jurisdictions (E) Working Group
- VsportVÌåÓý/American Institute of Certified Public Accountants (AICPA) (E) Working Group
- National Treatment and Coordination (E) Working Group
- Receivership and Insolvency (E) Task Force
- Receivership Financial Analysis (E) Working Group
- Receivership Law (E) Working Group
- Reinsurance (E) Task Force
- Reinsurance Financial Analysis (E) Working Group
- Restructuring Mechanisms (E) Working Group
- Risk-Focused Surveillance (E) Working Group
- Risk Retention Group (E) Task Force
- Valuation Analysis (E) Working Group
- Valuation of Securities (E) Task Force
Receivership and Insolvency (E) Task Force
- Financial Condition (E) Committee
- Accounting Practices and Procedures (E) Task Force
- Blanks (E) Working Group
- Statutory Accounting Principles (E) Working Group
- Capital Adequacy (E) Task Force
- Health Risk-Based Capital (E) Working Group
- Life Risk-Based Capital (E) Working Group
- Generator of Economic Scenarios (GOES) (E/A) Subgroup
- Longevity Risk (E/A) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
- Property and Casualty Risk-Based Capital (E) Working Group
- Catastrophe Risk (E) Subgroup
- Risk-Based Capital Investment Risk and Evaluation (E) Working Group
- Examination Oversight (E) Task Force
- Electronic Workpaper (E) Working Group
- Financial Analysis Solvency Tools (E) Working Group
- Financial Examiners Coordination (E) Working Group
- Financial Examiners Handbook (E) Technical Group
- Information Technology (IT) Examination (E) Working Group
- Financial Analysis (E) Working Group
- Financial Stability (E) Task Force
- Macroprudential (E) Working Group
- Group Capital Calculation (E) Working Group
- Group Solvency Issues (E) Working Group
- Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup
- Mutual Recognition of Jurisdictions (E) Working Group
- VsportVÌåÓý/American Institute of Certified Public Accountants (AICPA) (E) Working Group
- National Treatment and Coordination (E) Working Group
- Receivership and Insolvency (E) Task Force
- Receivership Financial Analysis (E) Working Group
- Receivership Law (E) Working Group
- Reinsurance (E) Task Force
- Reinsurance Financial Analysis (E) Working Group
- Restructuring Mechanisms (E) Working Group
- Risk-Focused Surveillance (E) Working Group
- Risk Retention Group (E) Task Force
- Valuation Analysis (E) Working Group
- Valuation of Securities (E) Task Force
The mission of the Receivership and Insolvency (E) Task Force is to be administrative and substantive as it relates to issues concerning insurer insolvencies and insolvency guarantees. Such duties include, without limitation: 1) monitoring the effectiveness and performance of the state administration of receiverships and the state guaranty fund system; 2) coordinating cooperation and communication among state insurance regulators, receivers, and guaranty funds; 3) monitoring ongoing receiverships and reporting on such receiverships to VsportVÌåÓý members; 4) developing and providing educational and training programs in the area of insurer insolvencies and insolvency guarantees to state insurance regulators, professionals, and consumers; 5) developing and monitoring relevant model laws, guidelines, and products; and 6) providing resources for state insurance regulators and professionals to promote efficient operations of receiverships and guaranty funds.
2025 Charges
- The Receivership and Insolvency (E) Task Force will:
- Monitor and promote efficient operations of insurance receiverships and guaranty associations.
- Monitor and promote state adoption of insurance receivership and guaranty association model acts and regulations, and monitor other legislation related to insurance receiverships and guaranty associations.
- Provide input and comments to the International Association of Insurance Supervisors (IAIS), the Financial Stability Board (FSB), and other related groups on issues regarding international resolution authority.
- Monitor, review, and provide input on federal rulemaking and studies related to insurance receiverships.
- Provide an ongoing review of the Receiver’s Handbook for Insurance Company Insolvencies (Receiver’s Handbook), other related VsportVÌåÓý publications, and the Global Receivership Information Database (GRID), and make any necessary updates.
- Monitor the work of other VsportVÌåÓý committees, task forces, and working groups to identify and address any issues that affect receivership law and/or regulatory guidance.
- Perform additional work as directed by the Financial Condition (E) Committee and/or received through referrals by other groups.
The following groups report to the Receivership and Insolvency (E) Task Force:
Insurance Topics
Our improved resource can help you navigate committee-curated topics for a comprehensive understanding.
Explore
RECEIVER TOOLS
Uniform Data Standard
- Uniform Data Standard B Record Overview
- Uniform Data Standard D Record Format
- Uniform Data Standard D Record Overview
- Uniform Data Standard Financial Hard Copy Report
Additional Resources for Receivers
- Uniform Data Standard E Record - Receiver to Fund - Closed Claims
- Uniform Data Standard F Record - Receiver to Fund - Claim Notes
- Uniform Data Standard G Record - Receiver to Fund - Claim Payment History
- "M" Record Discussion Document
Receivership Data Privacy and Security
- Receivership Data Privacy and Security Procedures For Life and Health Insurers in Liquidation
- Receivership Data Privacy and Security Procedures For Insurers in Conservation and Rehabilitation
- Data Privacy and Security Policy
- Receivership Data Privacy and Security Procedures For Property and Casualty Insurers in Liquidation
Exhibits and Checklists from the Receivers’ Handbook for Insurance Company Insolvencies
Note: Items not linked can be found in the Receivers’ Handbook for Insurance Company Insolvencies
Exhibits
- Exhibit 1-1: Model Language for Selected Provisions of Liquidation Orders for Property and Casualty Insurers
- Exhibit 1-2: Model Language for Selected Provisions of Liquidation Orders for Life and Health Insurers
- Exhibit 1-3: Insurer Insolvency Questionnaire
- Exhibit 1-4: P&C Pre-Receivership MOU
- Exhibit 1-5: Comparison of the Uniform Act, IRLMA, and Model #555
- Exhibit 3-1: Example of Financial Reporting Format
- Exhibit 3-2: Example of Daily Cash Flow
- Exhibit 3-3: Example of Budget-Projected Liquidation Expenses
- Exhibit 3-4: Example of Restructuring Technique used in the Liquidation of Reliance Insurance Company
- Exhibit 4-1: Potential Recovery from Unrelated Third Parties Matrix of Relationships
- Exhibit 5-1: Linear Summary of Claims Administration
- Exhibit 5-2: Claimant Notice via Postcard
- Exhibit 5-3: Assignment of Claims Issues Guidance
- Exhibit 5-4: Federal Home Loan Bank
- Exhibit 5-5: Guaranty Funds/Association Dues and Expenses
- Exhibit 6-1: Large Deductible State Code Examples
- Exhibit 7-1: Treaty Master Abstract
- Exhibit 7-2: Reinsurance Matrix
- Exhibit 8-1: U.S. Template for Resolution Plan
- Exhibit 9-1: VsportVÌåÓý Proposed Guidelines Relating to the Reporting of Loss Information to Reinsurers
- Exhibit 9-2: Considerations for Separate Accounts – Receivers’ Checklist
- Exhibit 10-1: Interim Liquidating Balance Sheet
- Exhibit 10-2: Closing Liquidating Balance Sheet
- Exhibit 11-1: Initiation of Orderly Liquidation of Insurance Company Under Dodd-Frank
- Exhibit 11-2: State Receivership Initiation Process
- Exhibit 11-3: Guideline for Implementation of State Orderly Liquidation Authority
Checklists
- Checklist 1—Pre-Commencement
- °ä³ó±ð³¦°ì±ô¾±²õ³Ù&²Ô²ú²õ±è;2—C´Ç³¾³¾±ð²Ô³¦±ð³¾±ð²Ô³Ù
- Checklist 3—Human Resources and Payroll
- Checklist 4—Property, Real Estate, Records and Facilities Control
- Checklist 5—Customer Service
- Checklist 6—Underwriting
- Checklist 7—Information Systems
- Checklist 8—Accounting
- Checklist 9—Tax and Compliance
- Checklist 10—Claims
- Checklist 11—Large Deductible Policies
- Checklist 12—Reinsurance
- Checklist 13—Legal
Related VsportVÌåÓý Publications
Contacts
Media Inquiries
(816) 783-8909
news@naic.org
Jane Koenigsman
Sr. Manager, L/H Financial Analysis
816-783-8145
Please see the current Committee List for a complete list of committee members.