Education & Training Department
2009 Course Catalog
Setting the standard in insurance regulatory and compliance training since 1989
NAIC Education & Training Department
Since 1989, the NAIC Education & Training Department has offered
professional development courses in insurance regulation for individuals
at all levels of their careers and expertise. Annually, the department offers
courses that attract NAIC members, government personnel, international
regulators, and insurance industry representatives. Some courses have
received national and international recognition, including three national
awards for Excellence in Education from the American Society of Association
Executives.
In 2006, the NAIC Insurance Regulator Professional Designation Program
was introduced. This program was created in response to requests by
regulators for a structured professional development path based on the
NAIC curriculum. To comply with new, more rigorous instructional standards
associated with the Designation Program, NAIC’s curriculum has been re-
developed and enhanced to include targeted learning outcomes, interactive
teaching strategies, and the latest and most practical information participants
need to support critical regulatory initiatives. To learn more about the
Designation Program, visit http://www.naic.org/education_designation.htm.
This symbol, when displayed next to a course description,
indicates that the course is approved for NAIC Insurance
Regulator Professional Designation credit.
Enroll today and see why so many people choose the NAIC as their source
for professional development.
For up-to-the-minute dates and locations of courses, please visit us online at:
http://www.naic.org/education_schedule.htm
Contact us
NAIC Education & Training Department
2301 McGee Street, Suite 800
Kansas City, Missouri 64108
(816) 783-8200
(816) 460-7544 fax
etrainin@naic.org
http://www.naic.org/education_home.htm
Contents
Regulator courses
• Basic Training for State Insurance Fraud Investigators................................1
• Commissioners Forum....................................................................................2
• Consumer Assistance Training Online...........................................................3
• Core Legal Training Online............................................................................4
• Financial Regulatory Concepts: Self-Study Learning Bundles....................5
• Foundations of Insurance Regulation Online (formerly Staff Education).....6
• Integrating Market Regulation........................................................................7
• Integrating Market Regulation Online.............................................................8
• Introduction to Financial Regulation...............................................................9
• Introduction to Financial Regulation Online.................................................10
• Management and Leadership Effectiveness................................................11
• Market Analysis Techniques Online.............................................................12
• Producer Licensing: Integrating Policy with Process Online......................13
• Regulating for Solvency................................................................................14
• Regulating Risk Retention Groups – New!.................................................15
• Regulation of Insurance Products Online....................................................16
• Risk-Based Capital Online............................................................................17
• Risk Focused Examination Training Online..................................................18
• Risk Focused IT Review Online (formerly ISQ Online)................................19
• Model Laws Webinar Series on Current Events and Emerging Issues......20
Public courses
• 2009 NAIC Continuing Legal Education Seminar.......................................21
• Annual Statement Investment Schedules Preparation Online...................22
• Basic Insurance (Self-study).........................................................................23
• Basic Reinsurance Online............................................................................24
• How to File Securities with the SVO Online...............................................25
• Insurance Investigators’ Toolbox: Tools to Prevent, Investigate, and
Prosecute Insurance Fraud..........................................................................26
• Interest Maintenance Reserve/Asset Valuation Reserve Online................27
• International Insurance Forum.....................................................................28
• Introduction to Health Annual Statement Preparation Online.....................29
• Managing the Cost of Regulatory Compliance Webinar Series – New!......30
• Market Analysis Education Course..............................................................31
• Market Conduct Annual Statement Submission Procedures Webinars......32
• P/C Annual Statement Preparation..............................................................33
• P/C Annual Statement Preparation Online..................................................34
• Principle-Based Reserving............................................................................35
• Revisions to the NAIC’s Annual Financial Reporting Model Regulation
(Model Audit Rule) – New!...........................................................................36
• Schedule P Preparation Online...................................................................37
• Statutory Accounting & Reporting Issues.....................................................38
• Statutory Accounting & Reporting Issues Webinar Series..........................39
Education & Training Department
Basic Training for State Insurance
Fraud Investigators
Course Description Classroom
Are you a state insurance department employee who is
new to insurance fraud investigation? Have you been Regulator Only
doing insurance fraud investigation and want to learn
more? If so, this two-day course is for you.
This course will cover fundamental insurance
processes, basic legal considerations that insurance View Course Brochure
regulators and industry face, investigative tools and
Internet search strategies, hands-on use of the NAIC
databases, financial investigations and insurance fraud, Back to Course Listing
agent fraud and claimant fraud.
Dates and Location
Jul 27-28
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
$395 for state insurance regulators
$595 for all other regulators
National Association of Insurance Commissioners 1
2009 Course Catalog
Commissioners Forum
Course Description Classroom
Whether you are a new or experienced commissioner,
director, superintendent or senior staff, you will not want Regulator Only
to miss the Commissioners Forum. It is designed to
enhance skills that will improve your effectiveness in state
insurance regulation. The four-day Forum, which kicks
off Monday morning and runs through noon on Thursday,
is geared toward strengthening your knowledge of the View Course Brochure
complex issues facing you on a daily basis.
You will learn about the latest regulatory techniques Back to Course Listing
from experts in insurance regulation. You will benefit
from discussions on emerging issues with experienced
commissioners. You will learn about the regulation of
all lines of insurance, accreditation standards, the NAIC
Consumer Program, regulatory modernization and
disaster recovery and business continuity planning, and
much more. A media/communications workshop will also
be included.
Dates and Location
Jul 20-23
What others have said:
NAIC Central Office
2301 McGee Street, Room 638 Overall, I found the
Kansas City, Missouri Commissioners Forum
carefully crafted and
Tuition driven for the freshman
$1,299 for state insurance department commissioners and commissioner.
senior-level regulators
$1,499 for other state departments, U.S. government, and
international regulators
2 National Association of Insurance Commissioners
Education & Training Department
Consumer Assistance Training Online
Course Description Online
The Consumer Assistance Training Online class
provides regulators with an overview of the NAIC’s Regulator Only
Complaint Database System (CDS) and the complaint
codes used for this system. Particular emphasis is
placed on how states can create greater consistency
and uniformity in their coding and reporting to the CDS.
The impact of complaint coding on market analysis and View Course Brochure
state enforcement efforts is also explored.
Dates Back to Course Listing
July 27-Aug 3
Sept 28-Oct 5
Tuition
$295 for state insurance regulators
$495 for all other regulators
What others have said:
Not having taken an
online course before,
I wasn’t sure what
to expect. However, I
learned a lot and will be
able to use the material in
future training and day
to day work here at our
agency.
National Association of Insurance Commissioners 3
2009 Course Catalog
Core Legal Training Online
Course Description Online
This course is designed to acquaint attorneys new to
state regulation with the various laws that govern the Regulator Only
insurance industry. The course begins with a historical
presentation of milestones and court cases that have
shaped our current understanding of insurance and the
business of insurance. Attorneys who want a broader
understanding of their role within the state regulatory View Course Brochure
framework should not miss the opportunity to participate
in this course.
Back to Course Listing
This course is designed primarily for attorneys with less
than five years of experience in insurance regulation.
However, veteran attorneys may also benefit from
information provided within this course by NAIC legal
staff.
Dates
Oct 5-20
Tuition
$395 for state insurance regulators
$595 for all other regulators What others have said:
There is a lot of
information, and it was a
welcome challenge. I am
sure in the years ahead I
will recall this course as
an excellent primer.
4 National Association of Insurance Commissioners
Education & Training Department
Financial Regulatory Concepts:
Self-Study Learning Bundles
Course Description Online Self-Study
The NAIC offers “just-in-time” online training, where
you choose the week you want to study. We’ve taken Regulator Only
specific units from Introduction to Financial Regulation
Online and bundled them together. You enroll in the
Bundle that interests you, choose which Monday you
want to begin, and then complete the course work over
the next eight days. View Course Brochure
The content in Introduction to Financial Regulation
Online is designed for examiners and analysts with Back to Course Listing
two years or less experience in financial regulation at
the state insurance departments. But the Bundles are
open to any regulator who wishes to learn the basics of
financial regulation, in a self-study format.
Your choices
Bundle #1 (SAP & GAAP, Assets/Liabilities)
Bundle #2 (P&C Annual Statement, Life Annual Statement)
Bundle #3 (NAIC Tools, Financial Analysis, Exam Process & Procedures)
Bundle #4 (Accreditation, Risk-Based Capital, Reinsurance)
Bundle #5 (Principles of Insurance: P&C, Life, Health)
Dates
Year-Round
Tuition
$125 per Bundle for state insurance regulators
$325 per Bundle for all other regulators
National Association of Insurance Commissioners 5
2009 Course Catalog
Foundations of Insurance Regulation
Online
Course Description Online
Insurance Department Staff Education has long been a
foundational course for new insurance regulators. It’s back Regulator Only
again with a new look, new structure, and a new name!
Staff Ed is now Foundations of Insurance Regulation, and
it is being offered for the first time in a condensed, three-
week online format at a price we have not been able to
offer before! View Course Brochure
Foundations of Insurance Regulation is a must-have
professional development experience for insurance Back to Course Listing
department staff just beginning their careers, or seasoned
regulators desiring some exposure to a broad array of
regulatory disciplines. It is also the perfect foundation on
which to build a repertoire of regulatory skills and concepts
taught in other NAIC courses such as Introduction
to Financial Regulation and Regulation of Insurance
Products.
Dates
Jun 29-Jul 20
Nov 30-Dec 21 What others have said:
Tuition I really liked that you
$495 for state insurance regulators varied the learning
$695 for all other regulators techniques. I personally
think that having only
lectures is boring, but
this course lectures could
be directly applied to the
activities, quizzes and
discussions, so I felt they
were very practical and
reinforced my learning.
6 National Association of Insurance Commissioners
Education & Training Department
Integrating Market Regulation
Course Description Classroom
Would you like to explore areas of market regulation that
may be unfamiliar to you? Then sign up for Integrating Regulator Only
Market Regulation today!
This course, the most comprehensive offering to market
regulators in NAIC’s curriculum, provides participants from
all areas of market regulation with the concepts and skills View Course Brochure
they need to achieve integrated, balanced, and effective
results. Integrating Market Regulation is a high impact,
interactive and informative class for all market regulators: Back to Course Listing
complaint handlers, rate and form analysts, producer-
licensing staff, market conduct examiners, market analysts,
and enforcement personnel–both experienced and new.
Dates and Location
Jan 26-29
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition What others have said:
$545 for state insurance regulators
$745 for all other regulators This was a very helpful
class overall in providing
a background on different
areas and the many
resources to use in my job
as a market analyst.
National Association of Insurance Commissioners 7
2009 Course Catalog
Integrating Market Regulation Online
Course Description Online
The classroom course is now offered in a four-week online
course. Check back for more information. Regulator Only
Dates
Oct 26-Nov 23
View Course Brochure
Tuition
$595 for state insurance regulators
$795 for all other regulators Back to Course Listing
8 National Association of Insurance Commissioners
Education & Training Department
Introduction to Financial Regulation
Course Description Classroom
Hundreds of financial regulators have graduated from the
NAIC’s Introduction to Financial Regulation class. It is Regulator Only
considered an essential course for those new to the field or
to their insurance departments. If you are a new financial
examiner or analyst and have been in financial regulation
two years or less, plan to enroll today!
View Course Brochure
Within the three and one-half days of this course, you will
receive instruction from senior-level financial regulators
and NAIC staff, all of whom have acquired real-world Back to Course Listing
expertise in their content areas. You will leave this
class armed with knowledge to use in your job and with
resources that you will reference time and again.
The class covers several key areas of financial regulation
and serves as an ideal orientation program for those just
embarking on a career in this exciting field.
Dates and Location
Feb 9-12
What others have said:
NAIC Central Office
2301 McGee Street, Room 638 I very much enjoyed the
Kansas City, Missouri course. It was neat to
see the NAIC office and
Tuition meet examiners from all
$545 for state insurance regulators over the nation. Thank
$745 for all other regulators you very much for this
successful training
course!
National Association of Insurance Commissioners 9
2009 Course Catalog
Introduction to Financial Regulation
Online
Course Description Online
The popular introductory class for new financial analysts
and examiners is also offered online! The online course Regulator Only
includes much of the same material covered in the
classroom program but the material is spread over a four-
week period, giving you time to listen to the lectures, work
through assignments, and participate in class discussions.
View Course Brochure
Among the topics covered are the annual statements,
assets and liabilities, a comparison of SAP and GAAP,
financial analysis, examinations, and I-SITE tools. In the Back to Course Listing
online format, you cover specific topics each week through
lectures, videos, readings, online discussions, and other
activities. A content expert facilitates the course and is
available to answer questions.
Dates
Sept 8-Oct 6
Tuition
$595 for state insurance regulators
$795 for all other regulators
What others have said:
Please keep up the good
work and encourage
the states to make it a
mandatory requirement
for all new examiners
and analysts. This course
has definitely been an eye
opener into the insurance
regulation industry.
10 National Association of Insurance Commissioners
Education & Training Department
Management and Leadership
Effectiveness
Course Description Classroom
NAIC’s Management & Leadership Effectiveness course
is specially designed for regulatory professionals who Regulator Only
are seeking tips and strategies to lead their teams
more effectively. This is a time of significant change for
insurance regulators, and in meeting the many regulatory
objectives that lie ahead, leaders will be evaluated on
what they are able to accomplish through other people. View Course Brochure
In this course you’ll learn valuable skills and acquire
invaluable tools for building, managing, and leading high
performing, highly committed teams. Back to Course Listing
Unlike other management courses currently on the
market, this course is tailored to the specific needs of
department of insurance leadership and will include cases
and other course elements that are designed with the
content of actual insurance departments.
Dates and Location
May 11-13
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
$495 for state insurance regulators
$695 for all other regulators
National Association of Insurance Commissioners 11
2009 Course Catalog
Market Analysis Techniques Online
Course Description Online
Regulators interested in learning more about the core
duties for each state’s market analyst as outlined in Regulator Only
NAIC’s Market Analyst’s Checklist and Market Analysis
Handbook will not want to miss this important course.
Participants will gain hands-on experience navigating,
extracting, and analyzing data from NAIC databases, as
well as experience running reports from the MIS. View Course Brochure
This course will provide a detailed focus on the analysis
of complaint data and complaint ratios, an indepth look at Back to Course Listing
the company market analysis profiles, and an explanation
of the relevance of financial data to market analysis.
Participants will learn through lectures and case studies
what regulatory action should be initiated in response to
identified problems at a company.
Dates
May 4-26
Tuition
$495 for state insurance regulators
(this course is open only to state insurance regulators) What others have said:
I find this course
necessary for anyone who
plans to perform market
analysis as it has been
developed. The manual
provides a great reference
tool for the future to
reinforce items learned
throughout the course.
12 National Association of Insurance Commissioners
Education & Training Department
Producer Licensing: Integrating Policy
with Process Online
Course Description Online
This course takes you from the beginnings of producer
licensing through the integration of current policies and Regulator Only
processes and up to initiatives that are on the horizon.
The course is an excellent learning opportunity for
licensing analysts, consumer service analysts, market
conduct examiners, fraud investigators or anyone
interested in learning more about producer licensing and View Course Brochure
the important policies and technology shaping its future.
This course will encompass the following topics: Back to Course Listing
• NAIC’s Producer Licensing Model Act (PLMA)
• Licensing reciprocity
• Licensing uniformity
• State producer licensing process
• Functions of NIPR
• NIPR products – how they enhance producer licensing
Dates
May 18-26
Nov 9-16
Tuition
$295 for state insurance regulators
$495 for all other regulators
National Association of Insurance Commissioners 13
2009 Course Catalog
Regulating for Solvency
Course Description Classroom
Regulating for Solvency is the most comprehensive
course in the NAIC curriculum on the topic of solvency Regulator Only
regulation. If you are a financial analyst or examiner with
two to three years of experience and can only attend one
course this year, Regulating for Solvency is your top pick.
In this class, not only will you learn key concepts in the View Course Brochure
area of financial analysis, but in the areas of reporting
and examinations as well. In addition, you’ll acquire an
understanding of such special functions as reinsurance, Back to Course Listing
P&C actuarial, receivership and guaranty funds, and
accreditation.
Through instructional lectures and comprehensive
materials, you will acquire the skills necessary to
effectively apply leading-edge methods for monitoring the
solvency of insurers.
Dates and Location
Nov 9-12
NAIC Central Office What others have said:
2301 McGee Street, Room 638
Kansas City, Missouri I found the class to be
very informative. It
Tuition provided a good overview
$545 for state insurance regulators of the many tools that
$745 for all other regulators can be used by regulators
when monitoring the
solvency of an insurer. It
also provided information
on other issues relating to
solvency.
14 National Association of Insurance Commissioners
Education & Training Department
Regulating Risk Retention Groups - New!
Course Description Classroom
Finally, a course that will equip you with the skills
and strategies needed to effectively regulate and Regulator Only
understand the operations of risk retention groups
(RRGs)! No longer do you need to struggle with how
to apply the standard analysis techniques for the
traditional insurance company when working with a
Risk Retention Group. View Course Brochure
This class is designed to expose you to a more
specialized set of concepts and skills thereby Back to Course Listing
preparing you to better regulate RRGs, whether you’re
a financial analyst, product filing or financial examiner,
regulatory attorney, or property/casualty actuary.
Course instructors will include senior-level regulators
and NAIC staff. As part of the course materials, you
will receive the Risk Retention and Purchasing Group
Handbook.
Dates and Location
Apr 20-21
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
$345 for state insurance regulators
$545 for all other regulators
National Association of Insurance Commissioners 15
2009 Course Catalog
Regulation of Insurance Products Online
Course Description Online
How do insurers price the products they sell? How do
insurance products differ from other financial services Regulator Only
offerings? How do regulators evaluate property and
casualty rates submitted by insurers? Since life
insurance rates are not regulated, what do regulators do
to monitor the sales of life insurance products? Why do
states vary in their approaches? So many questions— View Course Brochure
and we have the answers in this course designed
especially for regulators!
Back to Course Listing
Rate and policy form examiners, market analysts, and
legal staff will want to attend to learn how to review
insurance contracts and acquire the know-how needed
to effectively use such regulatory efficiency tools as
SERFF, the review standards checklists, uniform product
naming standards, and filing metrics.
Dates
Mar 30-Apr 20
Oct 13-Nov 3
Tuition
$495 for state insurance regulators
$695 for all other regulators
16 National Association of Insurance Commissioners
Education & Training Department
Risk-Based Capital Online
Course Description Online
Would you like to better understand Risk-Based Capital,
what it is, and why it is an important tool in solvency Regulator Only
regulation? Through a new online course designed
especially for regulators, you will have the opportunity to
do just that!
In this comprehensive two-week course, you will cover View Course Brochure
how and why Risk-Based Capital was developed, the
different risk categories of RBC, and a comparison of
the different formulas. In addition, you will learn about Back to Course Listing
the action levels set forth in the RBC Model Acts, tools
that can be used in conjunction with RBC, and how
the RBC Task Force Structure operates. The course
concludes with an explanation of how the review of the
RBC is incorporated into your analysis and examination
processes.
Dates
Oct 5-19
Tuition
$395 for state insurance regulators What others have said:
$595 for all other regulators
I entered into this course
hoping to obtain a better
understanding of how to
incorporate RBC results
into the overall analysis
of a company’s financials,
as well as understanding
what factors go into the
actual RBC calculation.
I feel that this was
definitely accomplished.
National Association of Insurance Commissioners 17
2009 Course Catalog
Risk Focused Examination Training
Course Description Online
If you have not already attended the 2 ½ day Risk Assessment
Training class, you will not want to miss this new online Online Self-Study
course! Risk Focused Examination Training is designed Regulator Only
to assist state employed examiners in increasing the
effectiveness of your state’s examination process by focusing
procedures specifically on areas of greater risk.
View Course Brochure
Learning Objectives:
• Analyze an insurer’s current and prospective solvency risk
using the risk-focused surveillance approach Back to Course Listing
• Reference and utilize the information in the revised Financial
Condition Examiners Handbook pertaining to risk surveillance
• Identify the risk inherent in an insurer’s operations and utilize
that evaluation in formulating the ongoing surveillance of an
insurer
• Incorporate prospective risk into the examination procedures
• Bring focus to management’s ability to identify, assess and
manage the business risks of the insurer
Dates
Online, Instructor Facilitated:
May 11-26
June 1-15
July 13-27
Online, Self-Study:
Start any Monday, beginning May 11
Tuition
FREE for state insurance regulators who have not previously
attended the 2 ½ day Risk Assessment Training class
$595 for contract examiners
18 National Association of Insurance Commissioners
Education & Training Department
Risk Focused IT Review
Course Description Online
As companies are relying more heavily on information
technology systems to run their businesses, the Regulator Only
examination of a company’s information technology
has become an increasingly important part of the
examination process. In years past, the Information
Systems Questionnaire located within Exhibit C of the
Financial Condition Examiner’s Handbook was a tool to View Course Brochure
assist examiners in completing this portion of the financial
examination.
Back to Course Listing
Exhibit C was completely revised in 2009 to be more
conducive to the risk-focused examination approach and
now uses COBIT® as its basis. This course provides
an overview of the newly adopted IT review process
and tools used to complete the IT review and will give
regulators a chance to review its application in real-life
situations.
All financial examiners and IT examiners—at all
experience levels—as well as other regulators who wish
to gain a better understanding of the process and tools
used in examining an IT environment will benefit from this
course.
Dates
Sept 8-22
Nov 2-16
Tuition
$395 for state insurance regulators
$595 for all other regulators regulators
National Association of Insurance Commissioners 19
2009 Course Catalog
Model Laws Webinar Series on Current
Events and Emerging Issues
Course Description Webinar
Designed specifically for attorneys and senior-
level regulators, this training will provide an indepth Regulator Only
examination of NAIC model laws and regulations,
highlighting models that are the basis of key NAIC
modernization initiatives or are widely-used as the
basis for enactment of state law.
View Course Brochure
The training will be delivered as webinars, in
combination web and audio conferences. Content
specifics will be posted to the website. Back to Course Listing
Dates
Oct 29
Nov 5
Nov 12
Tuition
$80 for state insurance regulators per webinar
$160 for all other regulators per webinar
20 National Association of Insurance Commissioners
Education & Training Department
2009 NAIC Continuing Legal Education
Seminar
Course Description Classroom
The NAIC sponsors an annual seminar for attorneys
from state insurance departments, insurance companies, Public
law firms, and government agencies, which qualifies for
continuing legal education credit in most jurisdictions. The
2009 seminar will explore issues that may have an impact
on state regulation of insurance.
View Course Brochure
Topics include:
Legal Developments in Producer Licensing
Perspectives from Lawyer Commissioners Back to Course Listing
Legal Framework of Health Insurance Reform Proposals
Review of SEC Rule 151a on Indexed Annuities
Legal Lessons Learned in the Financial Crisis
State and Federal Regulators Work Together to Fight Fraud
Dates and Location
Sept 24
Gaylord National Hotel and Convention Center
201 Waterfront Street
National Harbor, Maryland
What others have said:
Tuition
For state/U.S. government employees Great conference!
Early-bird discount $345 (received by August 13)
Regular registration $395 (received by September 3) One of the better, more
Late registration $445 (received after September 3) relevant CLE courses I
have attended.
For all others
Early-bird discount $645 (received by August 13)
Regular registration $695 (received by September 3)
Late registration $745 (received after September 3)
National Association of Insurance Commissioners 21
2009 Course Catalog
Annual Statement Investment
Schedules Preparation Online
Course Description Online
If you are responsible for preparing the annual
statement investment schedules and would like more Public
concentrated discussion and study of Schedules
A, BA, B, D, DA, and E, this course is highly
recommended! Discover answers to questions such
as: Which investment schedules do I fill out? What
amount is reported in the Book/Adjusted Carrying View Course Brochure
value? What securities do I file with the SVO?
Through comprehensive text materials, online Back to Course Listing
instructor-facilitated discussions, and virtual practice
exercises, you will obtain the knowledge you need
to accurately report your company’s investments.
You should have at least one year of experience in
financial reporting to benefit fully from this course.
Dates
Sept 14-21
Oct 26-Nov 2
Dec 14-21
What others have said:
Tuition
Overall this was a very
$295 for state/U.S. government employees
good course for beginners
$595 for all others
as well as for those
individuals that needed a
refresher course (as I did).
Anyone who will be doing
the investment reporting
for their company will
benefit from taking the
course. I felt it was very
informative and I highly
recommend it.
22 National Association of Insurance Commissioners
Education & Training Department
Basic Insurance (Self-Study)
Course Description Self-Study
The Basic Insurance course serves as an orientation to
the fundamentals of insurance for new regulators and Public
insurance industry professionals. Through independent
study, you will be introduced to such topics as the
role of insurance in our economy, insurance and the
management of risk, and insurance product lines, among
others. View Course Brochure
A primary objective of this course is to provide new
regulators and industry professionals with a working Back to Course Listing
knowledge of insurance. A secondary objective is to
offer a balanced, systems-oriented view of how industry
professionals and regulators work together to protect
and meet the needs of consumers.
Dates
Year-Round
Tuition
$95 for state/U.S. government employees
$395 for all others
National Association of Insurance Commissioners 23
2009 Course Catalog
Basic Reinsurance Online
Course Description Online
You will learn the fundamentals of reinsurance for
both property/casualty and life reinsurance in this Public
one-week online course. It explains the intricacies
of the reinsurance industry, the types and forms
of reinsurance, how risk is transferred, basics of
reinsurance contracts, and how to apply statutory
reporting requirements. Also addressed are some of View Course Brochure
the issues challenging the industry today.
The course is designed for state insurance Back to Course Listing
department employees and insurance industry
personnel with a minimal understanding of
reinsurance. Topics are covered through lectures,
video, readings, online discussions, quizzes, and
exercises. A content expert facilitates the course and
is available to answer questions throughout the week.
Dates
Aug 3-10
Nov 9-16
Tuition What others have said:
$295 for state/U.S. government employees
$595 for all others I have relayed what I
learned to my reinsurance
manager, and they are
very impressed with
what I have learned from
just one basic course.
24 National Association of Insurance Commissioners
Education & Training Department
How to File Securities with the SVO
Online
Course Description Online
Uniquely designed for anyone who files securities
with the NAIC Securities Valuation Office (SVO), this Public
course will help eliminate the delays in filings that
can result from inexperience. Filing delays create
inefficiency and frustration for filers. By providing
helpful hints and explaining the roles of each
party, such delays can be minimized and efficiency View Course Brochure
increased. Filers will be equipped with an increased
knowledge base, better skills and tools as a result of
taking this course. Back to Course Listing
This one-week online course covers filing
requirements for various types of securities. It also
covers appeals, the advanced rating service, and the
filing exempt process. Online courses combine audio
lectures, reading assignments, exercises, quizzes, and
discussions. A content expert facilitates the course and
is available to answer questions.
Dates
June 22-29
Sept 28-Oct 5 What others have said:
Tuition This course has taken the
$295 for state/U.S. government employees mystery out of filing. I
$595 for all others feel more confident and
look forward to start
filing. Filing is part of my
development plan, and I
have gained the necessary
skills, thanks to this
course.
National Association of Insurance Commissioners 25
2009 Course Catalog
Insurance Investigators’ Toolbox:
Tools to Prevent, Investigate and Prosecute Insurance Fraud
Course Description Classroom
NAIC’s annual Fraud Seminar series is a premiere
learning and networking event designed specifically for Public
insurance industry professionals as well as state and
federal fraud investigators. If you are a claims adjustor,
Special Investigation Unit (SIU) staff member, or an
industry defense attorney, our seminar will acquaint you
with such critical and timely topics as identity theft, trends View Course Brochure
in insurance fraud related to the recent economic crisis,
workers’ compensation premium fraud, and more!
Back to Course Listing
If you attend this one and one-half-day seminar, you will
come away equipped with the knowledge, skills and best
practices to better fight fraud.
Dates
March 18-19 (Spring National Meeting)
Manchester Grand Hyatt
One Market Place
San Diego, California
Tuition What others have said:
$445 for state/U.S. government employees
$745 for all others The Fraud Seminar
was excellent. The
information shared was
very informative. Most
of the information I
can relate to, and the
networking was excellent.
26 National Association of Insurance Commissioners
Education & Training Department
Interest Maintenance Reserve/Asset
Valuation Reserve Online
Course Description Online
Increase your understanding of the Interest Maintenance
Reserve and the Asset Valuation Reserve (IMR/AVR) by Public
taking this special one-week online course designed for
insurance company staff who prepare the life or fraternal
annual statement and for state insurance department
employees who audit or analyze these statements.
It provides accounting guidance and instructions for View Course Brochure
completing the annual statement pages. This class
assumes some familiarity with statutory accounting and
reporting. Back to Course Listing
After taking this course, you’ll be able to answer
questions such as:
• What is the purpose of both the IMR and AVR?
• Are all assets covered in the AVR?
• Does Separate Accounts require an IMR? An AVR?
• How does AVR relate to RBC?
• What issues are not addressed by the Instructions?
Dates and Location
Nov 16-23
Tuition
$295 for state/U.S. government employees
$595 for all others
National Association of Insurance Commissioners 27
2009 Course Catalog
International Insurance Forum
Course Description Classroom
The NAIC’s International Insurance Forum is designed
to explore recent and continuing developments and Public
progress in international insurance regulation and the
global financial services markets. Included among the
planned topics are the Global Financial Regulatory
Crisis, Solvency Regulation and Risk Management,
Global Regulatory Convergence, and Promoting Sound View Course Brochure
Markets.
This Forum is for U.S. and international regulators from Back to Course Listing
developed and emerging markets, as well as industry
professionals seeking a complete picture of the global
insurance industry.
Dates and Location
May 18-19, 2009
Washington Court Hotel on Capitol Hill
525 New Jersey Avenue NW
Washington, D.C.
Tuition
For state/U.S. government employees
Early-bird discount $345 (received by April 17)
Regular registration $395 (received by April 27)
Late registration $445 (received after April 27)
For all others
Early-bird discount $645 (received by April 17)
Regular registration $695 (received by April 27)
Late registration $745 (received after April 27)
28 National Association of Insurance Commissioners
Education & Training Department
Introduction to Health Annual
Statement Preparation Online
Course Description Online
Join us for a comprehensive three-week online course
that will provide interactive guided practice in completing Public
the Health Annual Statement.
Learn the Health Annual Statement completion process
while experiencing a walk through of the various
schedules and exhibits. Learn acronyms, abbreviations, View Course Brochure
and widely-used health terminology, study fundamental
Statutory Accounting Principles and basic investment
reporting, and cover a brief history of the Risk-Based Back to Course Listing
Capital formula and the completion of a filing—all from
the convenience of your own desk-top.
You’ll get to practice what you learned through hands-on
experience in an end-of-course exercise that reviews the
Assets, Liabilities, Statement of Revenue, Cash Flow,
and Analysis of Operations pages.
Introduction to Health Annual Statement Preparation
is intended for those responsible for the preparation,
analysis, or auditing of Health Annual Statements, with
less than three years experience in this field of work. What others have said:
Just a quick note to let
Dates you know that I found
Oct 13-Nov 3 this class challenging
but very worthwhile. I
Tuition feel prepared to tackle the
$495 for state/U.S. government employees Health Annual Statement
$795 for all others for the first time. Many
thanks.
National Association of Insurance Commissioners 29
2009 Course Catalog
Managing the Cost of Regulatory
Compliance Webinar Series - New!
Course Description Webinar
The ultimate goal of the Managing the Cost of Regulatory
Compliance webinar series is to provide participants with Public
the skills and methodologies needed to assist companies
in meeting regulatory requirements and the goals of
stakeholders for their companies to be compliant. This
series will also serve as a response to those insurance
companies that are struggling to manage the various costs View Course Brochure
associated with compliance and to learn all of the various
aspects needed to run a compliant organization.
Back to Course Listing
This webinar series is designed to enable you to customize
your learning experience to meet your individual needs.
While this series is structured to be taken as a whole,
you may register for individual webinars if desired. Each
webinar will begin promptly at noon and will adjourn by 2:30
p.m. Central Time.
Dates
October 27: Overview & Establishing Risk Management for Compliance
November 3: An Emphasis on a Culture of Compliance
November 5: Setting up your Operational Emphasis on Compliance
November 10: Managing your Costs of Compliance
November 12: Document Procedures & Self Audits
November 17: Implementation & Concluding Remarks
Tuition
$150 per webinar or $695 for all six webinars
30 National Association of Insurance Commissioners
Education & Training Department
Market Analysis Education Course
Course Description Classroom
This course provides regulators and insurance
company representatives with an overview of emerging Public
techniques that can be used to create a structured and
comprehensive market analysis program. Attend to
learn about key tools in the Market Analysis Framework,
including the Market Analysis Prioritization tool, Level
1 Analysis, Level 2 Analysis, and the Continuum of View Course Brochure
Regulatory Responses. You will also be introduced
to components that should be included in an effective
compliance program. You won’t want to miss the overview Back to Course Listing
of the Market Regulation Handbook and recent changes.
This program is open to both insurance regulators and
insurance industry professionals interested in learning
more about market analysis.
Dates and Location
Aug 24-26
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
For state/U.S. government employees
Early-bird discount $445 (received by July 6)
Regular registration $495 (received by August 3)
Late registration $545 (received after August 3)
For all others
Early-bird discount $745 (received by July 6)
Regular registration $795 (received by August 3)
Late registration $845 (received after August 3)
National Association of Insurance Commissioners 31
2009 Course Catalog
Market Conduct Annual Statement
Webinars - New!
Course Description Webinar
The Market Conduct Annual Statement (MCAS)
submission dates are fast approaching! Property and Public
Casualty submissions are due on April 30, 2009, and
Life and Annuity submissions are due on June 30,
2009.
Unfamiliar with the MCAS submission process? The View Course Brochure
NAIC is offering a webinar to provide you with the
information you need to complete MCAS submissions
with speed, ease, and confidence. Staff from the NAIC Back to Course Listing
Market Regulation Department will present step-by-
step instructions on how to enter the data, respond
to various sections of the database, and submit the
databases to the participating states.
Dates
Apr 6, 11:00 am - 12:00 pm (Property and Casualty)
Apr 7, 1:00 pm - 2:00 pm (Property and Casualty)
Apr 13, 4:00 pm - 5:00 pm (Property and Casualty)
Apr 14, 8:00 am - 9:00 am (Property and Casualty)
Life and Annuity dates to be announced.
All times are Central.
Tuition
$99 for public
32 National Association of Insurance Commissioners
Education & Training Department
P/C Annual Statement Preparation
Course Description Classroom
This three-day learning event offers an introduction
to statutory accounting and reporting, including a Public
fundamental understanding of statutory accounting
principles, statutory filing requirements, and risk-based
capital. You will learn about investment schedules,
reinsurance and loss reserves. A walk-through of the
property and casualty annual statement will also take View Course Brochure
place.
This basic course is primarily for individuals who Back to Course Listing
have less than three years experience and who are
responsible for the preparation, analysis, or auditing of
P/C annual statements.
Dates
Aug 31-Sept 2
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
For state/U.S. government employees
Early-bird discount $495 (received by July 20)
Regular registration $545 (received by Aug 17)
Late registration $595 (received after Aug 17)
For all others
Early-bird discount $795 (received by July 20)
Regular registration $845 (received by Aug 17)
Late registration $895 (received after Aug 17)
National Association of Insurance Commissioners 33
2009 Course Catalog
P/C Annual Statement Preparation
Online
Course Description Online
The classroom course is also offered in a three-week
online course! Check back for more information. Public
Dates
Oct 13-Nov 3
View Course Brochure
Tuition
$495 for state/U.S. government employees
$795 for all others Back to Course Listing
34 National Association of Insurance Commissioners
Education & Training Department
Principle-Based Reserving
Course Description Classroom
This two-day learning event is designed to acquaint you
with the principle-based reserving framework. At the Public
conclusion of the seminar, you will understand the issues
well enough to discuss them with policy-makers.
This seminar is designed for those involved in the
regulation or valuation of life insurance reserves. If you are View Course Brochure
an accountant, actuary, attorney, examiner, law-maker or
regulator, you are encouraged to attend.
Back to Course Listing
Dates and Location
Sept 28-29
NAIC Central Office
2301 McGee Street, Room 638
Kansas City, Missouri
Tuition
For state/U.S. government employees
Early-bird discount $395 (received by August 14)
Regular registration $445 (received by September 4)
Late registration $495 (received after September 4) What others have said:
For all others Best meeting I’ve been
Early-bird discount $695 (received by August 14) to in several years.
Regular registration $745 (received by September 4) Informative, timely,
Late registration $795 (received after September 4) presented several points
of view! Good work!
Excellent!
National Association of Insurance Commissioners 35
2009 Course Catalog
Revisions to the NAIC’s Annual Financial
Reporting Model Regulation (Model Audit Rule)
Course Description Webinar
The NAIC Executive Committee/Plenary adopted
revisions to the Annual Financial Reporting Model Public
Regulation (the Model Audit Rule) that go into effect
beginning January 1, 2010. The revisions relate to
auditor independence, corporate governance, and
internal control over financial reporting.
View Course Brochure
Learn about these revisions, the related
Implementation Guide, and state adoption of the
model in this informative webinar tailored specifically Back to Course Listing
for industry. During the webinar, participants will have
the opportunity to submit questions to be answered by
the NAIC and state regulators.
Dates
June 4
June 23
12:00-2:00 p.m. Central Time
July 23
1:30-3:30 p.m. Central Time
Tuition
$120 for state/U.S. government employees
$240 for all others
36 National Association of Insurance Commissioners
Education & Training Department
Schedule P Preparation Online
Course Description Online
Schedule P is designed to provide insurance company
management with information that allows them to Public
monitor the company’s loss ratios, the company’s
performance compared to peer companies, and the
experience of its ceded reinsurance. It also provides
regulators with information to analyze the effectiveness
with which a company determines its reserves. View Course Brochure
Because of the importance of the information in
Schedule P, it is imperative that Schedule P be prepared Back to Course Listing
properly. Yet, Schedule P contains unique insurance
data and can pose a challenge to those responsible
for its preparation and analysis. If you are responsible
for preparing, reviewing or analyzing Schedule P, you
are sure to benefit from this course regardless of your
particular level of involvement in the process.
Dates and Location
Sept 21-Oct 5
Tuition
$395 for state/U.S. government employees What others have said:
$695 for all others
This is the first online
course anyone from my
company has completed
and I’m recommending
we use this as a learning
tool going forward. It
was less expensive than
traveling, and the go-at-
your-own pace schedule
was very helpful to me.
National Association of Insurance Commissioners 37
2009 Course Catalog
Statutory Accounting & Reporting
Issues
Course Description Classroom
The 2009 Statutory Accounting & Reporting Issues
seminar is one you don’t want to ignore if you are Public
involved in the preparation, analysis, or examination
of statutory financial statements. A line-up of NAIC
content experts will explain the changes in 2008 that
are published in the March 2009 Accounting Practices
and Procedures Manual and changes to annual View Course Brochure
statement reporting for annual 2009 and quarterly
2010. Enroll to acquire additional information you may
need to ensure compliance with recent changes in Back to Course Listing
statutory accounting.
The seminar is designed for individuals with one to
two years experience with NAIC statutory accounting
principles and financial reporting.
Dates and Location
July 16
Westin Baltimore Washington Airport
1110 Old Elkridge Landing Road
Linthicum, Maryland What others have said:
Tuition Please continue to offer
For state/U.S. government employees this program—it isn’t the
Early-bird discount $295 (received by May 27) same as an online course.
Regular registration $345 (received by June 24) Being the one who
Late registration $395 (received after June 24) prepares the annual
statement, I am grateful
For all others to have the investment
Early-bird discount $595 (received by May 27) schedules and reporting
Regular registration $645 (received by June 24) changes sections.
Late registration $695 (received after June 24)
38 National Association of Insurance Commissioners
Education & Training Department
Statutory Accounting & Reporting
Issues Webinars
Course Description Webinar
The 2009 Statutory Accounting & Reporting Issues
seminar is also offered as a webinar series. If you Public
can’t attend the classroom course, you won’t want to
miss this series. The webinars are designed for those
with one to two years experience with NAIC statutory
accounting principles and financial reporting.
View Course Brochure
You can enroll in one or both webinars depending on
your interest and job applicability (see below for topics).
The webinars combine audio and web conferencing Back to Course Listing
and enable you to participate from your PC, no travel
required. Each person participating in the webinar must
be individually enrolled.
Dates
Aug 18:
Statutory Accounting Updates
Accounting Hot Topics
Aug 20:
2009 Annual and 2010 Quarterly Statement Updates
Reporting Hot Topics What others have said:
Tuition I thought the material
$120 for state/U.S. government employees per webinar and presentation were
$240 for all others per webinar both good. I like the
format of explanation that
ties changes to a blank
type.
National Association of Insurance Commissioners 39