Monday, April 13th, 2009
Contingent claims are derivatives in which the payoffs occur if a specific event happens. We generally refer to these types of derivatives as options. Specifically, an option is a financial instrument that gives one party the right, but not the obligation, to buy or sell an underlying asset from or ...
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Friday, April 10th, 2009
The Department joined the National Association of Insurance Commissioner’s (NAIC) Midwest Zone Continuing Education Reciprocity Project. As a member state,in most cases,a course approved by a participating state will be accepted by other participating states by submitting a standard filing form. This project should reduce the time needed to review ...
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