Search for: "National Association of Insurance Commissioners"
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22 Mar 2009, 12:02 pm
(AIG) and the role of state insurance regulators, the National Association of Insurance Commissioners (NAIC) has moved to correct the misinformation and in a published statement urges caution and a close examination of the facts.The following news release was published by the NAIC on March 19, 2009 (underlines for emphasis) "In uncertain times, making correctly informed financial decisions is more important than… [read post]
3 Mar 2009, 5:09 am
The Times Picayune reported yesterday Louisiana has the third-highest homeowners insurance premiums in the nation, according to the first assessment of prices after Hurricane Katrina by the National Association of Insurance Commissioners. [read post]
26 Apr 2022, 2:43 pm
Following on the heels of the New York Department of Financial Services (“NYDFS”), the National Association of Insurance Commissioners (“NAIC”) and the U.S. [read post]
22 Aug 2022, 9:47 am
Earlier this month, United States Senator Sherrod Brown (D-OH), Chair of the Banking, Housing, and Urban Affairs Committee, urged the Federal Insurance Office (FIO) and the National Association of Insurance Commissioners (NAIC) to examine the increasing role of private equity and alternative investment classes in the life insurance market as well as offshore reinsurance. [read post]
6 Oct 2021, 11:54 am
Data from the National Association of Insurance Commissioners (NAIC) showed that even though Florida represented just 8% of all homeowner insurance claims in the United States in 2019, the state delivered about 76% of all litigation against homeowner carriers that year. [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]
9 Feb 2012, 2:08 am
The California Department of Insurance (the “CDI”) has issued a press release announcing that it has joined with the Washington and New York State Insurance Departments to require insurers to respond to the Climate Risk Survey adopted by the National Association of Insurance Commissioners (the "NAIC") in 2009. [read post]
2 Apr 2009, 9:47 am
In addition, the Systematic Risk Regulator, in consultation with the Commissioner of the ONI, has the authority to mandate certain “systemically important” to obtain a national charter.While many industry groups have yet to comment, NICPA has already received support from the American Bankers Association, American Bankers Insurance Association, The Council of Insurance Agents & Brokers and Reinsurance… [read post]
24 Sep 2008, 3:49 pm
During the National Association of Insurance Commissioners ("NAIC") Fall Meeting in National Harbor, Maryland, the Surplus Lines Task Force ("Task Force") chaired by Commissioner James Donelon (LA) received a report on the status of the proposed 2007 Nonadmitted and Reinsurance Reform Act (H.R. 1065/ S. 929) (the "Bill"). [read post]
24 Feb 2011, 12:33 am
The National Association of Insurance Commissioners (“NAIC”) recently sent a letter to U.S. [read post]
14 Dec 2018, 12:22 pm
According to the National Association of Insurance Commissioners, fully privatized flood insurance programs are almost non-existent. [read post]
14 Dec 2018, 12:22 pm
According to the National Association of Insurance Commissioners, fully privatized flood insurance programs are almost non-existent. [read post]
15 Jun 2009, 2:15 am
The Group Solvency Issues (EX) Working Group (the "Working Group") (a working group of the Solvency Modernization Initiative (EX) Task Force) of the National Association of Insurance Commissioners ("NAIC") held a meeting at the NAIC summer national meeting in Minneapolis to discuss changes to the Insurance Holding Company System Regulatory Act (the "Act"). [read post]
19 Oct 2009, 4:42 am
The National Association of Insurance Commissioners (“NAIC”), at the Executive/Plenary session of its Fall National Meeting, adopted revisions to the Standard Valuation Model Law (“Valuation Model”) replacing the existing formula based approach for reserving life insurance policies with a principles based approach. [read post]
17 Sep 2019, 9:59 am
Just now on the Ohio DOI website:We are aware of a phishing scam targeting insurance producers regarding a falsified insurance claim related to their company that has been submitted to the National Association of Insurance Commissioners. [read post]
10 Jun 2008, 4:00 pm
A proposal to centralize the filing and storage of annual market conduct reports has been approved by the National Association of Insurance Commissioners' (the "NAIC") Market Regulation and Consumer Affairs (D) Committee, and is headed to the Executive Committee for consideration. [read post]
20 Sep 2008, 10:01 pm
Sadly, no:Walter Bell was, until last month, the Insurance Commissioner for the state of Alabama, and the immediate past president of the National Association of Insurance Commissioners. [read post]
4 Jan 2021, 7:23 am
On January 21, he becomes the President of the National Association of Insurance Commissioners. [read post]
9 Aug 2012, 2:14 am
State insurance regulators working through the National Association of Insurance Commissioners (NAIC) joined their counterparts from the China Insurance Regulatory Commission (CIRC) to further regulatory cooperation on issues impacting both countries. [read post]
20 Oct 2022, 8:51 am
On October 19, 2022, the National Association of Insurance Commissioners (NAIC) Surplus Lines Working Group exposed proposed changes to the International Insurers Department (IID) Plan of Operation applicable to insurers domiciled outside the U.S. [read post]
