Welcome to the March 2018 edition of the ACIC Private Notes!
In November 2017, the NAIC adopted formal changes to its policies on private rating letters. This edition contains a memo from Sasha Kamper (Principal) and Chip Fisher (Morgan Lewis) explaining the changes and providing draft updates to the Model Form Note Purchase Agreements to cover the changes.
This edition also covers recent case law summaries from the New England Region (courtesy of Kevin Braun of Morgan Lewis) and the Southern Region (courtesy of Jeff Dutson of King & Spalding).
Finally, in honor of the 35th anniversary of the ACIC, Melody Cross from Schiff Hardin has interviewed several members of the ACIC to get insight into the history of the college.