Search for: "National Association of Insurance Commissioners"
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28 May 2013, 6:57 am
In exchange for this “savings,” we’re being asked to give up quite a bit, especially when Michigan’s insurance industry has been “significantly more profitable than the national average” according to a former state insurance commissioner, and when even Pete Kuhnmuench of the Insurance Institute of Michigan has said (as recently as 2007) that “the insurance industry’s profitability has a positive… [read post]
22 Jun 2011, 11:11 am
Murphy, Downs and Levin wrote: Beginning in the late 1800s, the industry, along with others including the National Association of Insurance Commissioners, began developing a standard fire insurance policy. [read post]
13 May 2019, 2:45 pm
Later that year, the National Association of Insurance Commissioners (‘NAIC’) adopted its Insurance Data Security Model Law (‘the NAIC Model’) as a framework cybersecurity law for the insurance industry. [read post]
6 Dec 2006, 7:30 am
Return on net worth is the main indicator of insurer profitability reported by the National Association of Insurance Commissioners (NAIC). [read post]
3 Aug 2009, 2:42 am
Media sources have reported that Theresa Vaughn, CEO of the National Association of Insurance Commissioners (the “NAIC”), has stated that the NAIC should be part of the Council because state regulators offer expertise and information on the insurance markets.In an open letter from the NAIC, the Conference of State Bank Regulators and the North American Securities Administrators Association to the heads of the Senate… [read post]
1 Nov 2008, 10:17 pm
To be qualified, an LTC policy must have been purchased before 1997 and meet National Association of Insurance Commissioners' regulations. [read post]
14 Mar 2014, 4:44 am
In return for a measly 10% savings on auto insurance premiums for only two years – which equals $110 a year based on the average annual Michigan auto insurance cost of $1,100, according to the National Association of Insurance Commissioners and the Insurance Institute of Michigan – auto insurance consumers will be subjected to new taxes and assessments and a jaw-dropping array of unprecedented and permanent… [read post]
26 Feb 2008, 2:25 pm
The National Association of Insurance Commissioners ("NAIC") reported a 74% increase in complaints to state regulators relating to claim denials on LTC policies from 2003 to 2006. [read post]
25 Mar 2013, 7:57 am
Michigan’s auto insurance is one of the highest in the nation and the insurance commissioner should look out for the people. [read post]
12 Mar 2013, 4:52 am
For example, even though Michigan’s auto insurance companies enjoy some of the highest profitability margins in the nation here, Michigan is one of the few states without an insurance commissioner that can regulate the amount of profits insurance companies can make – for a product that we as drivers are legally required to buy. [read post]
9 Dec 2015, 6:35 am
MetLife has challenged its designation so FSOC members would not discuss the process leading up to its SIFI designation, but Debbie Matz, chair of the National Credit Union Association, told the committee that when considering large insurance companies, FSOC does not focus on the insurance part of the business but on their financial services.White noted in her prepared statement that as one of two capital markets regulators on the Council, the perspective she and… [read post]
20 Jan 2013, 10:10 am
That's the sixth-highest rate in the nation. [read post]
31 Jan 2012, 6:25 am
The bulletin says: COMMISSIONER'S BULLETIN No. [read post]
7 Oct 2009, 6:27 am
Putnam Twp., Case No. 137446-7; and granted leave to the Michigan Association of Realtors, the Property Casualty Insurers Association of America and National Association of Mutual Insurance Companies, the Consumer Data Industry Association, the Michigan Chamber of Commerce, the Michigan Association of Home Builders, and the Insurance and Indemnity Law Section of the State Bar to file amicus curiae briefs in… [read post]
7 May 2007, 1:22 pm
Diamond Jim Donelon's asleep at the wheel.Recently, Mississippi attorney Richard "Dickie" Scruggs told members of the Louisiana Association for Justice that insurance companies are ripping off the National Flood Insurance Program by altering engineering reports to falsely conclude that rising water, not wind, caused damages from Hurricane Katrina. [read post]
29 Mar 2011, 11:07 am
Instead of stripping away important protections — the nation’s very best insurance system — why not empower the Michigan Insurance Commissioner to regulate the amount of profits that auto insurance companies can make here? [read post]
4 Feb 2011, 4:50 am
Fishman, the AHA's Senior Vice President for Public Policy Analysis and Development, said such a change would be consistent with the National Association of Insurance Commissioners' position that all capitated payments should be categorized as medical claims. [read post]
16 Aug 2012, 7:30 am
The National Association of Insurance Commissioners (NAIC), in its headlong rush towards obsolescence, has a brilliant idea - to form:"a new working group comprised of state insurance commissioners in order to create a forum for the many states that ... are not adhering to the formal state health care exchange implementation path outlined in [ObamaCare]. [read post]
11 Mar 2012, 9:56 pm
The International Commission on Holocaust Era Insurance Claims (ICHEIC) was established by the National Association of Insurance Commissioners in August 1998 to identify, settle, and pay individual Holocaust era insurance claims at no cost to claimants. [read post]
24 Jul 2008, 12:24 am
I have never before been so tempted to take a proposal and forward it to a state insurance commissioner for them to weigh in on the marketing practices regarding these sales illustrations and the promised benefits claimed here. [read post]
