WASHINGTON (March 9, 2022)
91´«Ã½ Shares Letters with Congress Regarding S&P Global’s Proposed Capital Model
The 91´«Ã½ on behalf of the chief insurance regulators in the 50 states, the District of Columbia, and the U.S. Territories shares letters detailing their perspective on S&P Global’s (S&P) proposal to revise its methodology for assessing insurers’ financial strength, Insurer Risk-Based Capital Adequacy – Methodology and Assumptions.
91´«Ã½ the 91´«Ã½
As part of our state-based system of insurance regulation in the United States, the 91´«Ã½ (91´«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 91´«Ã½, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 91´«Ã½ staff supports these efforts and represents the collective views of state regulators domestically and internationally.