PM MODI Speech on Corona virus 24-3-2020 8 p.m.
Prime Minister Narendra Modi will address the nation at 8 PM on Tuesday on the coronavirus outbreak.
"Will address the nation at 8 PM today, 24th March 2020, on vital aspects relating to the menace of Covid-19," Modi tweeted.
With lockdown in around 550 districts, India is hoping to break the chain of Coronavirus spread which has infected hundreds of people so far. The total number of Coronavirus positive cases in India reached 519 on Tuesday. This includes 39 discharged people and 9 deaths, the Ministry of Health and Family Welfare said. Around 30 states/UTs have been placed under complete lockdown. After break on passenger trains across India, Aviation Ministry said that all domestic flights will also be grounded from Wednesday midnight. PM Narendra Modi has appealed citizens to take the lockdown seriously and said it is a lifetime challenge that the world is facing.
Under the state-based insurance guideline framework, each state works autonomously to manage their own insurance markets, ordinarily through a state branch of insurance or division of insurance. Extending back similar to the Paul v. Virginia case in 1869, difficulties to the state-based insurance administrative framework have ascended from different gatherings, both inside and without the insurance industry. The state administrative framework has been depicted as unwieldy, repetitive, befuddling and expensive.
The NAIC goes about as a gathering for the formation of model laws and guidelines. Each state chooses whether to pass each NAIC model law or guideline, and each state may make changes in the authorization procedure, yet the models are wide, but to some degree sporadically, embraced. The NAIC likewise acts at the national level to propel laws and approaches upheld by state insurance controllers. NAIC model acts and guidelines give some level of consistency between states, however these models don’t have the power of law and have no impact except if they are embraced by a state. They are, nonetheless, utilized as aides by most states, and a few states embrace them with next to zero change.
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In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act which is touted by some as the most clearing money related guideline update since the Great Depression. The Dodd-Frank Act has noteworthy ramifications for the insurance industry. Altogether, Title V made the Federal Insurance Office (FIO) in the Department of the Treasury. The FIO is approved to screen the majority of the insurance industry and distinguish any holes in the state-based administrative framework. The Dodd-Frank Act additionally sets up the Financial Stability Oversight Council (FSOC), which is accused of observing the money related administrations markets, including the insurance industry, to distinguish potential dangers to the budgetary strength of the United States.