Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
NAIC: Pack Your Bags!
May 19 2008 // The National Association of Insurance Commissioners (NAIC) currently makes its home in Kansas City. For most situations, this works well, particularly with telecommuting, videoconferencing and e-mail. It even worked well...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 17 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
Montana Insurance Auditor Named Chair of NAIC Market Regulation Committee
Mar 11 2008 // Montana State Auditor John Morrison has been named chair of the Market Regulation and Consumer Affairs Committee of the National Association of Insurance Commissioners. Morrison will lead the committee’s oversight of...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 10 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
The Pressure’s On
Jan 27 2008 // Washington State’s Kreidler believes now’s the time for the industry to face climate change Washington State Insurance Commissioner Mike Kreidler has proven adept at balancing the many demands placed upon state...
Ark.’s Commissioner Bowman Re-elected to NAIC Position
Dec 12 2007 // Arkansas Insurance Commissioner Julie Benafield Bowman was re-elected to the position of vice chair of the Southeastern Zone of the National Association of Insurance Commissioners (NAIC) at the association’s...
Neb., Mo. Earn NAIC Accreditation Awards
Dec 4 2007 // Four state insurance departments recently received Accreditation Awards as part of the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. During the...
National Insurance Producer Registry Elects Officers
Dec 4 2007 // The board of directors of the National Insurance Producer Registry (NIPR), elected its 2008 officers at a meeting held during the National Association of Insurance Commissioners’ Winter National Meeting in...
State Insurance Commissioners Honor N.Y. Regulator Rapacciuolo
Dec 3 2007 // The assistant deputy superintendent and bureau chief for the New York State Insurance Department has been honored by state insurance regulators from across the country. The National Association of Insurance Commissioners...
Regulators Honor Nebraska with Esprit de Corps Award
Dec 3 2007 // The National Association of Insurance Commissioners (NAIC) today bestowed its Esprit de Corps Award to the Nebraska Department of Insurance. This is the second time the NAIC has given the award. Nebraska Insurance Director...
PCI Insurers Urge State Regulators to Drop Securities Rating Assessment
Nov 7 2007 // The Property Casualty Insurers Association of America (PCI) is urging the National Association of Insurance Commissioners (NAIC) to eliminate the annual $1.58 million Securities Valuation Office (SVO) industry...
Open up to legislators, state commissioners
Oct 27 2007 // The following is a letter sent by Rhode Island State Rep. Brian Patrick Kennedy, who is also vice president of the National Conference of Insurance Legislators, to Walter A. Bell, Alabama insurance commissioner and current...
NAIC Concludes Agreement with Egyptian Insurance Regulators
Oct 18 2007 // The National Association of Insurance Commissioners (NAIC) has signed a memorandum of understanding (MOU) with the Egyptian Insurance Supervisory Authority (EISA). NAIC President and Alabama Insurance Commissioner Walter...
States Support Life Insurance Law Caught Up in N.D. Conflict
Oct 18 2007 // N.H. commissioner weighs in on North Dakota insurance legislation Received by Newsfinder from AP Oct 16, 2007 19:34 Eastern Time Editors Note NH angle in 4th graf. By DALE WETZEL Associated Press Writer BISMARCK, N.D. (AP)...
Insurance Commissioner Group’s 2008 Budget Anticipates Revenue Growth
Oct 2 2007 // The National Association of Insurance Commissioners has begun setting its 2008 budget. The group will have more money to work with than it did in 2007. The 2008 budget proposes revenues and expenses of $68.2 million and...
N.D. Commissioner’s Departure Sparks Debate on Conflict of Interest
Oct 1 2007 // Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance...
Regulators Move to Align U.S. Reinsurance Regulation with Foreign
Sep 30 2007 // The nation’s insurance regulators are moving to modernize reinsurance regulation in the United States. The proposal — developed by a subgroup of the National Association of Insurance Commissioners’ (NAIC)...
More States Join Centralized Insurer Market Conduct Exam Initiative
Sep 30 2007 // Alabama, California, Montana, Rhode Island and Washington will begin requiring insurance companies to file annual statement data as part of a growing effort to make market conduct exams more efficient that now includes 30...
Open up to legislators, state commissioners!
Sep 24 2007 // The following is a letter sent by R.I. State Rep. Brian Patrick Kennedy, who is also vice president of the National Conference of Insurance Legislators, to Walter A. Bell, Alabama insurance commissioner and current...
R.I. Rep. Kennedy Urges More ‘Sunshine’ at Regulators’ Meetings
Aug 21 2007 // The nation’s insurance commissioners hold too many closed door sessions when they get together for meetings, according to a Rhode Island state lawmaker active on insurance issues. In a letter this week to the...
