NC S51

Requires insurance holding company systems to file annual group capital calculation reports with the lead state commissioner to maintain NAIC accreditation, with exemptions for single-insurer systems, those regulated by the Federal Reserve Board, and systems with less than $1 billion in annual direct written premium

Mandates liquidity stress testing for insurers meeting NAIC scope criteria, with results filed with the lead state commissioner following NAIC framework instructions and templates

Prohibits public dissemination of group capital calculations, group capital ratios, and liquidity stress test results by insurers, brokers, or others in the insurance business, except to rebut materially false published statements

Establishes confidentiality protections for group capital and liquidity stress test information, allowing sharing with other regulators, NAIC, and designated third-party consultants under written agreements

Effective January 1, 2026