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Despite repeated calls for regulatory clarity from industry members, lawmakers and even SEC commissioners, little progress has been made in achieving that clarity. [read post]
22 Jun 2022, 6:28 am by Theodore Augustinos
Vermont Governor Scott signed the Vermont Insurance Data Security Law (available here) (the “VIDSL”), becoming the 21st state to adopt a cybersecurity statute based on the National Association of Insurance Commissioners Insurance Data Security Model Law (NAIC Model 668). [read post]
17 Jun 2022, 4:00 am by Jim Sedor
National/Federal Bipartisan Bill Aims to Curb Foreign Influence in U.S. [read post]
This would confer protected status based on sex, race, color, religion, ancestry, national origin, disability, medical condition, genetic information, marital status, sexual orientation, citizenship, primary language, or immigration status. [read post]
27 May 2022, 4:00 am by Jim Sedor
Commissioner Ellen Weintraub has served since 2002. [read post]
26 May 2022, 4:00 am by Jim Sedor
GOP Senate Race” by Holly Otterbein and Zach Montellaro (Politico) for MSN Ethics Georgia: “Grand Jury Indicts Former Georgia Insurance Commissioner Oxendine on Fraud Charges” by Kate Brumback (Associated Press) for Insurance Journal Missouri: “Parson Fills Missouri Ethics Commission Vacancies After Dive Dismissed Complaints” by Kacen Bayless (Kansas City Star) for MSN New York: “Bronx Nonprofit Head Who Stole from Homeless New… [read post]
20 May 2022, 4:00 am by Jim Sedor
Lauren Boebert over her 2020 mileage reimbursement after the commissioners deadlocked on whether to investigate further. [read post]
9 May 2022, 8:51 am by William C. MacLeod
The annual regulatory plan, also released in December 2021, reiterated the list of practices that could be targeted for competition rules, prompting a dissent from Commissioner Christine S. [read post]
9 May 2022, 1:35 am by INFORRM
Kentucky and Maryland have introduced insurance data security legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law. [read post]
8 May 2022, 9:05 pm by Erin E. Smith
Our study is based on a large dataset of 7,690 fund-years from PitchBook, one of the most widely relied upon reporting services for fund-level performance, and also the data arm of the National Venture Capital Association. [read post]
29 Apr 2022, 8:40 am by Joe Consumer
Working with the National Association of Insurance Commissioners (NAIC), they found that there was no jump in claims and no justification for insurers to drastically raise rates. [read post]
29 Apr 2022, 4:00 am by Jim Sedor
The police force ultimately decided not to pursue a criminal investigation of the trip, which was separately examined by former ethics commissioner Mary Dawson. [read post]
26 Apr 2022, 2:43 pm by Andrew Otis, Brittany Batts
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]
26 Apr 2022, 11:12 am by Andrew Otis, Brittany Batts
This report is connected to the recent proposal by the Securities and Exchange Commission to require certain climate risk reporting and the National Association of Insurance Commissioners revised climate risk disclosure survey (see Locke Lord’s quick study discussing both here). [read post]
25 Apr 2022, 7:50 am by Ted Lamm
Two weeks ago the National Association of Insurance Commissioners (NAIC) took a significant step in the assessment and disclosure of climate-related financial risk by updating its insurer climate risk survey to reflect the recommended disclosures of Task Force on Climate-Related Financial Disclosures (TCFD). [read post]
FIO indicated that, based on the feedback it receives, it would make recommendations on actions that can be taken by various insurance sector stakeholders to address climate-related financial risks.[13] Fifteen state insurance regulators already require insurers licensed in the state and that write more than $100 million in annual net written premium to disclose their climate-related risk assessment strategy via the Climate Risk Disclosure Survey promulgated by the… [read post]
16 Apr 2022, 7:49 am by Christopher J. Walker
In the public sector, Professor Landers has served in leadership roles in so many organizations from President of the Boston Bar Association and Vice Chair of the Massachusetts Commission on Judicial Conduct, to President of the National Academy of Social Insurance Board of Directors, Board Chair of the Big Sister Association of Greater Boston, and President of the Board of Planned Parenthood League of Massachusetts. [read post]
12 Apr 2022, 5:01 am by Ido Kilovaty
Two FERC commissioners have expressed their concern as to the adequacy of TSA as a pipeline cybersecurity regulator. [read post]
8 Apr 2022, 7:30 am by Zak Gowen
 At the same time, there has been a notable rise in employers misclassifying traditional employees as independent contractors in order to avoid the associated costs of unemployment insurance, health insurance, and the like. [read post]
On March 21, the Securities and Exchange Commission and the National Association of Insurance Commissioners both proposed significant revisions to climate disclosure rules. [read post]