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  Unfortunately, however, that seems unlikely given that after the OCC’s adoption in 2020 of a “true lender” rule for national banks and federal savings associations, the FDIC was unwilling to adopt a similar “true lender” rule for state-chartered banks. [read post]
SB 951: Family Temporary Disability Insurance Payments: Benefit Formula Changes SB 951 extends wage replacement rates for State Disability Insurance and Paid Family Leave (PFL) that were set to sunset at the end of 2023, and revise [read post]
3 Oct 2022, 8:10 am by Zachary Lerner
One method, with respect to alien (non-U.S.) insurance companies is to obtain inclusion on the Quarterly Listing of Alien Insurers maintained by the National Association of Insurance Commissioners (NAIC). [read post]
30 Sep 2022, 4:00 am by Jim Sedor
The result could kick back open congressional redistricting in several states two years after the entire nation went through a redraw. [read post]
23 Sep 2022, 4:00 am by Jim Sedor
The tech giant is not a member of the association, but it plays a dominant behind-the-scenes role shaping the group’s policy positions, according to four former App Association employees. [read post]
22 Sep 2022, 9:03 pm by Devontae Torriente
EDITOR’S CHOICE In an essay in The Regulatory Review, Jeffrey Czajkowski, a director at the National Association of Insurance Commissioners, Kevin Simmons, professor of economics at Austin College, and James Done, a scientist and research fellow at the National Center for Atmospheric Research, argued in favor of stricter building codes. [read post]
9 Sep 2022, 11:06 am by Richard Reibstein Esq.
” Likewise, although East Bay introduced evidence that most of the subcontractors had certificates of insurance and business registrations, ‎the court stated that “these documents do not elucidate whether the disputed entities were engaged in independent businesses separate and apart from East Bay. [read post]
7 Sep 2022, 4:57 am by Chip Merlin
We spoke about a broad range of topics, including: The dearth of quality and intensive public adjusting training for new public adjusters; The Apprentice program for public adjusters in Florida; The origin of the Florida Association of Public Insurance Adjusters; Managed Repair Preferred Contractors; Insurance Gaps Impacting Public Adjusters and Restoration Contractors; How Citizens Property Insurance has become the leader in changing policies with gaps of… [read post]
26 Aug 2022, 4:00 am by Jim Sedor
Senate hopefuls are getting crushed on airwaves across the country while their national campaign fund is pulling ads and running low on cash, leading some campaign advisers to demand an audit of the National Republican Senatorial Committee’s (NRSC) finances. [read post]
24 Aug 2022, 5:01 am by Jim Dempsey
Should the FTC not be able to endorse that work and say that data should be encrypted in accordance with standards set by the National Institute of Standards and Technology? [read post]
23 Aug 2022, 6:30 am by Jeffrey Bohn
The National Association of Insurance Commissioners (“NAIC”) has recently passed the Pet Insurance Model Act (the “Act”). [read post]
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]
12 Aug 2022, 4:00 am by Jim Sedor
Facebook Bans Hate Speech but Still Makes Money from White Supremacists MSN – Naomi Nix (Washington Post) | Published: 8/10/2022 Facebook has long banned content referencing white nationalism. [read post]
28 Jul 2022, 3:00 am by Chip Merlin
This unprecedented solution would allow insurers to meet an exception offered by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and ensures Floridians can maintain coverage during hurricane season. [read post]
26 Jul 2022, 9:01 pm by William A. Birdthistle
Before I turn to that list, please allow me to begin with the disclaimer that my comments today are my own and do not necessarily reflect the views of the Commission, the Commissioners, or the SEC Staff. [read post]
25 Jul 2022, 8:29 am by Daniel Barry, Brittany Batts
The New York Department of Financial Services (DFS) issued its 2021 Update on New York Domestic Insurers’ Management of the Financial Risks from Climate Change, analyzing 2021 survey responses from the National Association of Insurance Commissioners (NAIC) Climate Risk Disclosure Survey or alternatively the Task Force on Climate-Related Financial Disclosures (TCFD). [read post]
22 Jul 2022, 7:00 am by Timothy Galindo
Hartnett, who will be serving as the moderator, is the Deputy Administrator for Securities in the Iowa Insurance Division and President-elect of NASAA. [read post]
22 Jul 2022, 5:35 am by Chip Merlin
“The purpose of insurance commissioners is to maintain fair pricing for insurance products, protect the solvency of insurance companies, prevent unfair practices by insurance companies, and ensure availability of insurance coverage. [read post]
19 Jul 2022, 6:15 am by Chip Merlin
You may have to go to a party sponsored by an insurance company at a National Association of Insurance Commissioners meeting to find out. [read post]
15 Jul 2022, 4:00 am by Jim Sedor
In interviews at the National Association of Secretaries of State’s conference, a dozen chief election administrators detailed a growing number of “insider threats” leading to attempted or successful election security breaches aided by local officials. [read post]