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24 May 2024, 4:00 am by Flaxman Law Group
The National Association of Insurance Commissioners (NAIC) has cautioned drivers who are involved in a car accident about the risk of identity theft. [read post]
In April, AUSTRAC issued a statement reporting it had issued eight infringement notices for reporting failures under the AML/CTF Act. 1             ASIC makes opening statement before inquiry into insurers’ responses to 2022 major floods claims On 2 February 2024, ASIC Commissioner, Alan Kirkland, issued his opening statement before the inquiry into insurers’ responses to 2022 major flood claims.… [read post]
19 May 2024, 10:13 pm by INFORRM
  Joshua Rozenberg has a post about the Guide on his Substack, “A Lawyer Writes” Internet and Social Media On 14 May 2024, the UK National Cyber Security Centre and three major UK insurance associations (Association of British Insurers, British Insurance Brokers’ Association and International Underwriting Association, published joint guidance on the approach to ransom payments. [read post]
16 May 2024, 12:46 pm by Daniel Barry
Yesterday, the Privacy Protections (H) Working Group of the National Association of Insurance Commissioners (“NAIC”) held its first meeting since the Spring National Meeting in March. [read post]
14 May 2024, 11:51 am by Law Office of Matthew L. Sharp
The US health insurance industry is big business, reporting a net income of just under $17 billion for the first six months of 2022 and a 13% increase in underwriting gain from the prior year, all according to the National Association of Insurance Commissioners. [read post]
12 May 2024, 9:01 pm by renholding
On April 22, 2024, the Tennessee Governor signed into law House Bill 2100 (“TN HB 2100”), a fair access law that will, effective July 1, 2024, apply to, among others, national banks and state banks with more than $100 billion in assets, as well as insurers. [read post]
8 May 2024, 2:26 pm by Kevin LaCroix
. ********************************* INTRODUCTION Our growing national retirement funding crisis puts—and will keep—ERISA defined contribution (DC) pension plan fiduciaries in the spotlight. [read post]
22 Apr 2024, 5:26 am by Will Newman
This happens a lot: the National Association of Insurance Commissioners actually lists on its website the various amicus briefs it has filed in different cases. [read post]
9 Apr 2024, 12:36 pm by Law Office of Matthew L. Sharp
Additionally, organizations such as the National Association of Insurance Commissioners (NAIC) provide resources and guidelines to promote fair claims-handling practices within the industry. [read post]
5 Apr 2024, 9:26 am by Daniel Barry
The Accelerated Underwriting (A) Working Group of the National Association of Insurance Commissioners (“NAIC”) met on April 3, 2024, to discuss its workplan for finalizing proposed regulatory guidance for approval at the Summer National Meeting in August. [read post]
2 Apr 2024, 10:56 am by Adam Klasfeld
” Trump, two of his sons, and his business associates sent those financial statements to banks and insurance companies, obtaining more favorable terms on loans and insurance than could otherwise be obtained with fewer assets. [read post]
25 Mar 2024, 5:57 am by Daniel Barry
Over the last few years, the work of the Cybersecurity (H) Working Group of the National Association of Insurance Commissioners (“NAIC”) has focused on cybersecurity risk to insurance licensees such as insurance carriers, insurance intermediaries,[1] and third-party service providers to insurance licensees. [read post]
23 Mar 2024, 6:13 pm by Daniel Barry
In recent weeks a number of states have adopted the Model Bulletin: Use of Artificial Intelligence Systems by Insurers (the “Model Bulletin”) adopted last December by the National Association of Insurance Commissioners (“NAIC”). [read post]
18 Mar 2024, 6:41 am by Daniel Barry
The National Association of Insurance Commissioners (“NAIC”) has created a new Third-Party Data and Models (H) Task Force which is charged with developing and proposing a framework for the regulatory oversight of third-party data and predictive models. [read post]
15 Mar 2024, 4:00 am by Jim Sedor
  National/Federal Congressional Hearing on the Biden Classified Documents Probe Turns into a Proxy Campaign Battle Associated Press News – Zeke Miller, Colleen Long, and Farnoush Amiri | Published: 3/12/2024 Lawmakers turned a hearing on President Biden’s handling of classified documents into a proxy battle between the Democratic president and Donald Trump, as a newly released transcript of Biden’s last fall showed he repeatedly insisted he never… [read post]
12 Mar 2024, 5:58 am by Rob Robinson
Bettencourt, advocating for heightened consumer awareness, underscores the importance of identifying warning signs and verifying the authenticity of insurance policies and agents, drawing from the recommendations of the National Association of Insurance Commissioners. [read post]
18 Feb 2024, 11:05 am by karplawfirm
If you don’t know or are uncertain of the company that issued the policy, use the universal search tool provided by The National Association of Insurance Commissioners. [read post]
16 Feb 2024, 1:08 pm by Daniel Barry
The National Association of Insurance Commissioners (“NAIC”) will convene next month in Phoenix, Arizona, for its Spring National Meeting. [read post]
19 Jan 2024, 3:00 am by Jim Sedor
But the lawyers who have helped to propel their case to the nation’s highest court have a far more powerful backer: petrochemicals billionaire Charles Koch. [read post]
12 Jan 2024, 3:00 am by Jim Sedor
The commission’s rules also bar commissioners from having private discussions about bids with vendors. [read post]