NCDOI

AcronymDefinition
NCDOINorth Carolina Department of Insurance
References in periodicals archive ?
The Final Order approving the Amended Plan followed an administrative hearing held on June 11, 2014 by the NCDOI for consideration of the Plan.
The approval of the Amended Plan notwithstanding, the NCDOI retains its regulatory supervisory powers to review and amend the terms of the Amended Plan in the future as circumstances may warrant.
Downgrade triggers would include heightened concerns with the RMIC runoff compared to expectations, including an adverse amendment to the Final Order by the NCDOI.
An independent study of RMIC's reserves was conducted by a consulting firm engaged by the NCDOI.
ORI anticipates that 'in the foreseeable future' the NCDOI will issue its conclusions.
As long as the run-off under NCDOI supervision remains in place, however, the statutory DPO accounting treatment should mitigate the adverse effect of operating losses on the statutory capital balance.
The Final Order results from a Hearing held on October 16, 2012 by the NCDOI for consideration of the above-noted Corrective Plan.
The approval of the Plan notwithstanding, the NCDOI retains its regulatory supervisory powers to review and amend the terms of the Plan in the future as circumstances may warrant.
On October 16, 2012, a hearing was conducted by the NCDOI to address an RMIC Corrective Plan.
To authorize RMIC to execute the DPO-based run-off under ORI's ownership and NCDOI supervision of RMIC to assure the most efficient and economically sound realization of ultimate benefits to policyholders and beneficiaries.
To authorize RMIC to execute the DPO-based run-off plan under ORI's ownership and NCDOI supervision of RMIC to assure the most efficient and economically sound realization of ultimate benefits to policyholders.
The NCDOI and the safety experts at UL recommend that spring cleaners follow these safety precautions when using lawn and garden equipment and power tools this season: