E Relating to insurance; conforming state statutes to the national association of insurance commissioners model legislation providing for uniform accounting principles; modifying a certain provision providing for domestic insurance company investments in personal property under lease, providing for the nonadmission of leases associated with nonadmitted assets in certain cases; simplifying a certain provision providing for the calculation of loss reserves; defining contractual terms and permanently impaired relating to commercial mortgage loans and modifying the definition of mortgage loan in foreclosure for valuation procedures establishment purposes and modifying the procedure for valuation of the loans, requiring recognition of direct write-downs as realized losses and the establishment of a new cost basis in distressed or delinquent mortgage loan cases determined to be permanently impaired; modifying certain requirements for annual audit financial statement notes; requiring the approval of the commissioner of commerce before accrual for or payment of dividends to mutual fire and casualty insurance company guaranty fund certificate holders; modifying certain provisions relating to title insurance companies; modifying authorized investments, specifying certain admitted assets standards relating to investments in title plants; modifying reserve requirements; expanding the exemption from securities registration requirements for securities offered by cooperatives; repealing certain provisions relating to valuation and admissibility of life insurance company assets, valuation of evidences of indebtedness, unearned premiums reserve, liability and workers compensation reserves subjection to increase and experience inclusion in annual statements, charges taken for independent appraisals of certain real estate under foreclosure and the use of asset valuation reserves (mk, ja)