Search for: "COMMISSIONERS OF THE NATIONAL ASSOCIATION OF INSURANCE"
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8 Aug 2018, 1:16 pm
The National Association of Insurance Commissioners (“NAIC”) voted earlier this week to establish a Cannabis Insurance Working Group (“Working Group”) to address insurance issues affecting the legalized cannabis industry. [read post]
19 May 2009, 6:11 am
Late last month, the National Association of Insurance Commissioners (the “NAIC”) held a public hearing regarding the use of credit-based insurance scores by insurers. [read post]
10 Apr 2020, 9:41 am
The National Association of Public Insurance Adjusters (NAPIA) took the lead writing all insurance commissioners asking for extensions of claims deadlines as a result of the social distancing and demands for business shutdown. [read post]
10 Mar 2009, 6:27 am
From National Association of Insurance Commissioners (NAIC) come the top five reasons insurance consumers filed complaints against insurance companies in 2008:Top Five Reasons for Complaints in 2008 Total No. [read post]
1 Mar 2010, 4:35 am
As part of my global benchmarking initiative, I learned from a participant that the National Association of Insurance Commissioners (NAIC) requires insurance companies to use something called “statutory accounting,” while GAAP accounting is the most common among non-insurance companies. [read post]
20 Sep 2010, 5:14 am
Individual health insurance premium revenues rose 15 percent in 2009, according to a report from the National Association of Insurance Commissioners (NAIC). [read post]
12 Nov 2011, 7:15 pm
On their website, The National Association of Insurance Commissioners explains that: The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. [read post]
13 Oct 2013, 9:00 pm
The International Association of Insurance Supervisors (IAIS), whose members constitute nearly all of the world's insurance supervisors including the United States Treasury's Federal Insurance Office (FIO) and the National Association of Insurance Commissioner (NAIC), has committed to develop and implement the first-ever risk based global insurance capital standard (ICS), according to Peter Braumüller, chairman… [read post]
20 Aug 2021, 8:42 am
” The survey asks insurers eight National Association of Insurance Commissioner questions to assess strategy and preparedness in areas like emissions/carbon footprint, investment, mitigation, financial solvency, and customer engagement. [read post]
31 Jan 2021, 3:43 pm
Recovered COVID-19 Patients Facing New Life Insurance Hurdles in Europe, Protections Needed for American Consumers -“Consumer Federation of America (CFA) sent a letter to the National Association of Insurance Commissioners (NAIC) urging them to adopt a model rule for life insurance underwriters that might want to delay or deny coverage to people who had COVID-19 and recovered or had symptoms but no diagnosis. [read post]
22 Nov 2011, 1:04 am
In a statement last week, Therese Vaughn, Chief Executive Officer of the National Association of Insurance Commissioners (the NAIC”), stated that the state-based regulatory system in the United States should be deemed equivalent to the Europe Union’s Solvency II regulatory process. [read post]
26 Sep 2015, 6:50 am
Since issuing its Principles of Effective Cybersecurity last July, [1] the National Association of Insurance Commissioners (“NAIC”) has been making progress in the development of cybersecurity examination manuals. [read post]
1 Feb 2009, 3:46 pm
The National Association of Insurance Commissioners (NAIC), representing regulators in all U.S. states and territories, reached a decision last Thursday after nearly three months of deliberation NOT to LOOSEN life insurers' capital and surplus requirements. [read post]
6 May 2008, 1:05 pm
She was also the chairperson of the National Association of Insurance Commissioner’s subcommittee that addressed the problem of unauthorized insurance. [read post]
10 Mar 2010, 6:54 pm
Many states have strict laws regarding insurance interests in life insurance policies, but have little or no regulation regarding annuities. [read post]
16 Sep 2009, 1:04 am
Following a nation-wide search, Michael Bemi, Chair of the Vermont Captive Insurance Association (the “VCIA”) Board of Directors recently announced that the VCIA has selected Richard Smith as the new President of the VCIA. [read post]
8 Jan 2019, 12:41 pm
Hunton Andrews Kurth insurance partner Michael Levine was recently interviewed by LegalTech News concerning Ohio’s recent adoption of the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. [read post]
25 Jan 2022, 11:03 am
According to TDI, the goal of the new reinsurance regulations is to “ensure TDI retains its authority to regulate credit for reinsurance matters associated with covered agreements, align TDI’s rules with the current approach to regulate reserve financing arrangements for certain life insurance policies, and align TDI’s rules with updates to the National Association of Insurance Commissioners’ (NAIC) accreditation… [read post]
31 Aug 2014, 7:06 am
National Association of Insurance Commissioners: “Usage-Based Insurance (UBI) is a recent innovation by auto insurers that more closely aligns driving behaviors with premium rates for auto insurance. [read post]
5 Jun 2019, 9:05 pm
That power lies with a nonprofit corporation known as the National Association of Insurance Commissioners (NAIC). [read post]
