Search for: "National Association of Insurance Commissioners"
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20 Jul 2011, 3:08 am
The standards and procedures are similar to those set forth in the NAIC Suitability in Annuity Transactions Model Regulation, and the Financial Industry Regulatory Authority’s current National Association of Securities Dealers Rule 2310 for securities. [read post]
4 Aug 2023, 2:23 pm
While these investigations are normally at the national level, the Washington Post continues to show how Florida’s insurance regulators are failing Florida’s citizens when it comes to property insurance oversight and protection. [read post]
24 Jun 2015, 2:20 pm
From the Desk of Jim Eccleston at Eccleston Law LLC:After the Wall Street Journal reported states had little ability to keep tabs on barred brokers, the states have decided to make improvements in their capabilities.The article severely criticized state insurance watchdogs, whose systems allowed brokers simply to slip through the cracks.The National Association of Insurance Commissioners, NAIC, now has partnered with the states in order to establish a… [read post]
8 Aug 2011, 2:03 am
”3Testimony was also provided by the following individuals: Susan Voss, Commissioner, Iowa Insurance Division and President, National Association of Insurance Commissioners The Honorable Greg Wren (R-AL), Treasurer, National Conference of Insurance Legislators Andrew Furgatch, Chairman and CEO, Magna Carta Companies, on behalf of Property Casualty Insurers Association of America and the National… [read post]
8 Sep 2011, 11:00 pm
Acting FHA Commissioner Carol Galante testified to FHA's role in the post crash housing market and noted progress made by FHA in 'improving' the condominium insurance process. [read post]
17 Dec 2018, 8:45 am
” DBR’s moves echo recent remarks on the National Association of Insurance Commissioners (NAIC) Center for Insurance Policy and Research’s (CIPR) website, which notes the permanence of blockchain-based solutions as a potential benefit because they “provide a reliable audit trail and could potentially reduce fraud risk, streamline policy administration and manage claims in a transparent and… [read post]
25 Mar 2024, 5:57 am
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]
21 Jun 2010, 8:23 am
Opponents believe that it could hinder the FIO’s decision-making capabilities.Systemic Risk CouncilThe National Association of Insurance Commissioner (the “NAIC”) scored a win in the latest debate regarding the Financial Stability Oversight Council (the “FSOC”). [read post]
14 Jun 2024, 8:03 am
The Privacy Protections (H) Working Group of the National Association of Insurance Commissioners (“NAIC”) met on Wednesday June 12, 2024, to consider which proposed path forward to pursue as it considers a new NAIC privacy model presumably for all licensed insurance entities and insurance lines of business. [read post]
5 Apr 2024, 9:26 am
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]
26 Sep 2008, 1:00 pm
On a national level, the National Association of Insurance Commissioners (NAIC) has established a working group to oversee AIG's insurance interests and coordinate with federal regulators as needed. [read post]
8 Feb 2012, 7:34 am
The reason is that insurance companies are allowed to reap record-breaking profits here, and we have an insurance commissioner that allows this instead of regulating excessive profit margins for these insurance companies. [read post]
14 Dec 2013, 4:37 am
The American Insurance Association (AIA) will highlight the importance of renewing the Terrorism Risk Insurance Act (TRIA) at the National Association of Insurance Commissioners' (NAIC) 2013 Fall National Meeting, underscoring TRIA's role in the workers' compensation marketplace. [read post]
6 Jul 2010, 12:01 pm
Speaking for the National Association of Insurance Commissioners (NAIC), its President and West Virginia Insurance Commissioner Jane L. [read post]
16 Sep 2023, 3:00 am
I recalled Amy Bach from United Policyholders mentioning how impressed she was with Justin at a recent National Association of Insurance Commissioners meeting. [read post]
17 Sep 2008, 1:36 pm
State officials are split over the bill, with the National Association of Insurance Commissioners (NAIC) generally supporting it, and the National Conference of Insurance Legislators (NCOIL) opposing it. [read post]
9 Mar 2007, 3:43 am
In particular, the idea of a National Fraud Reporting Centre, as recommended by the Association of Chief Police Officers, will be worth serious consideration to coordinate best practice as well as to have a central reporting system. [read post]
8 Nov 2019, 7:22 am
Director, Division of Taxation, and Commissioner, Department Of Banking and Insurance.[2] Of critical importance is that the Johnson case found that the NRRA allows, but does not require, the home state to tax nonadmitted insurance on 100% of the risk under a directly procured insurance policy. [read post]
14 Sep 2018, 7:18 am
Power for claims satisfaction, customer service, and shopping satisfaction; Consumer Reports customer satisfaction ratings; The National Association of Insurance Commissioners database of consumer complaints against the insurer. [read post]
23 Mar 2024, 6:13 pm
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]
