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16 Feb 2024, 1:08 pm
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
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
The commission’s rules also bar commissioners from having private discussions about bids with vendors. [read post]
8 Jan 2024, 2:02 am
Read the Commissioner’s original response here and his updated response here. [read post]
4 Jan 2024, 9:05 pm
The private equity-owned life and health insurance market encompasses some of the largest providers of fixed annuities and pension risk transfers in the sector. ─ In light of these developments, FSOC supported: Ongoing monitoring of the National Association of Insurance Commissioners’ Macroprudential Initiative and its implementation in each state in order to ensure the adequacy and effectiveness of regulatory and supervisory tools. [read post]
18 Dec 2023, 2:48 pm
The National Venture Capital Association Revises its Model Legal Documents. [read post]
11 Dec 2023, 12:04 pm
NAIC Greenlights AI Model BulletinThe National Association of Insurance Commissioners adopted the H Committee’s Model Bulletin on the Use of Artificial Intelligence Systems at the 2023 Fall National Meeting. [read post]
11 Dec 2023, 12:20 am
‘Hidden Liabilities’ for Insurers The issues involving AI in insurance are so weighty that the National Association of Insurance Commissioners (NAIC) took the unusual step of forming an AI working group to study it. [read post]
7 Dec 2023, 1:30 am
Contractually obligates any recipients of the information to comply with all provisions of this subdivision. 21 Well-known work by the National Institute of Standards and Technology 22 and the U.S. [read post]
1 Dec 2023, 3:00 am
And some wonder why I say that policyholders need stronger and more protective voices within Departments of Insurance and the National Association of Insurance Commissioners (NAIC). [read post]
30 Nov 2023, 8:00 am
This coming Friday the Big Data & Artificial Intelligence (H) Working Group, the Privacy Protections (H) Working Group, and the Innovation, Cybersecurity, and Technology (H) Committee will all meet as part of the Fall National Meeting of the National Association of Insurance Commissioners (“NAIC”) in Orlando, Florida. [read post]
21 Nov 2023, 3:00 am
The upcoming National Association of Insurance Commissioners (NAIC) meeting next week in Orlando, Florida, offers a pivotal platform for addressing these concerns. [read post]
16 Nov 2023, 12:00 am
The National Association of Insurance Commissioners tracks consumer complaints, and released a recent report that clearly shows that consumer complaints are distributed across a variety of insurance types. [read post]
13 Nov 2023, 5:05 am
Forecasting Predicted Rises in Premiums Of particular concern to the art insurance industry is the fact that the vast majority of valuable art collections are concentrated in major urban centers such as New York, Los Angeles, and Miami, whose location along the coasts makes them intrinsically susceptible to the threats posed by natural disasters.[4] A startling revelation by the National Association of Insurance Commissioners in 2021 found… [read post]
8 Nov 2023, 12:57 pm
” This year, it is attempting to continue the trend with respect to the state’s Paid Family Leave insurance program. [read post]
1 Nov 2023, 5:00 pm
In the years since the 2016 fiduciary rule, the Securities and Exchange Commission’s Regulation Best Interest and the National Association of Insurance Commissioners’ Model Regulation on Suitability in Annuity Transactions have taken up the mission of ensuring that advisers to retail investors act in the investor’s best interest. [read post]
31 Oct 2023, 6:54 am
Jason Pizzo, D-Hollywood, told the state’s insurance commissioner last month. [read post]
30 Oct 2023, 11:00 pm
Advise clients on discount plan licensing and registration, marketing, reporting requirements, and the impact of the National Association of Insurance Commissioners (NAIC) Discount Medical Plan Organization Model Act on state regulation of discount plans. [read post]
30 Oct 2023, 3:01 pm
The Antifraud (D) Task Force of the National Association of Insurance Commissioners (“NAIC”) met on October 20, 2023, to discuss comments received on the August 20 draft revisions to the Model Unfair Trade Practices Act (#880) which would expand the regulatory reach of state insurance regulators to health insurance lead generators, which are not registered or licensed by state insurance regulators. [read post]
29 Oct 2023, 10:00 am
The Convention led to what is now known as the National Association of Insurance Commissioners. [read post]
