Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Kentucky Regulator Wins First Professional Designation
Aug 7 2007 // The National Association of Insurance Commissioners has awarded its first professional designation to Kathy Horsley of the Kentucky Office of Insurance. Horsley earned the Associate Professional of Insurance Regulation...
Editor’s Note: Size doesn’t matter
Jul 23 2007 // Big or small, company size is said not to matter in the insurance industry. At a recent agent/broker conference, Rick Quagliaroli, president and CEO of Strongwood Holdings Insurance Corp., told the audience that there are...
U.S. Regulators Ink Agreement with Korea’s Financial Supervisors
Jul 16 2007 // The National Association of Insurance Commissioners (NAIC) recently signed a Memorandum of Understanding (MOU) with Korea’s Financial Supervisory Commission and Financial Supervisory Service in Seoul, Korea. NAIC...
Editor’s Note: Consumer education still needed
Jun 18 2007 // An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 –...
Editor’s Note: Consumer education still needed
Jun 18 2007 // An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 –...
Consumers not informed about homeowners insurance, study says
Jun 18 2007 // A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from an array of perils, according to research by the National Association of Insurance Commissioners, which...
Insurers Urge Regulators to Keep McCarran-Ferguson
Jun 6 2007 // Insurers recently asked state regulators to oppose a bill pending in Congress that would eliminate the exemption insurers currently receive from some federal antitrust laws. At the National Association of Insurance...
Consumers Not Informed about Homeowners Insurance, Study Says
Jun 5 2007 // A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from a wide array of perils, according to new research by the National Association of Insurance Commissioners...
Editor’s Note: Protecting small businesses
May 21 2007 // Are your customers’ small businesses fully covered with all the insurance they need? Apparently the National Association of Insurance Commissioners (NAIC) had doubts about the extent to which the nation’s small...
Editor’s Note: Small businesses not always adequately covered . . .
May 21 2007 // The recent tornadoes, heavy rains and subsequent flooding that hit a good part of the Midwest in May remind all of us about insurance coverage issues. For many the reminder is about purchasing flood insurance for your...
‘Near Term’ Hurricane Models Used by Insurers Under Fire
Mar 29 2007 // Recent “near term” hurricane prediction models based on five-year forecasts are being skewered by consumer groups urging state regulators to reject them as a basis for hiking coastal property insurance...
The Commissioners: John Morrison
Mar 26 2007 // Montana fights for uninsured, seeks catastrophe fund and captives The hallmarks of John Morrison’s legacy as Montana State Auditor, the Commissioner of Insurance and Securities, is to help provide more affordable...
Ark. Insurance Commissioner, Staff to Hold NAIC Posts
Mar 20 2007 // The Arkansas Insurance Department reported that state Insurance Commissioner Julie Benafield Bowman has been elected vice-chair of the Southeastern Zone of the National Association of Insurance Commissioners (NAIC). Her...
Wash. Commissioner To Chair Market Analysis Working Group
Mar 13 2007 // The National Association of Insurance Commissioners (NAIC) announced that Washington State Insurance Commissioner Mike Kreidler will chair the Market Analysis Working Group (MAWG) to emphasize the importance of...
People
Mar 12 2007 // Three members of the Kansas Insurance Department, Ted Clark, Anti-Fraud director, Larry Bruning, chief actuary, and Neil Woerman, director of Information Technology, have been appointed to leadership positions within the...
More than half of adults could be in need of disability coverage
Mar 12 2007 // Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56...
What lies ahead for agency compensation? Agents could benefit from incentive pay plans replacing contigent income
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
More than half of adults could be in need of disability coverage
Mar 12 2007 // Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56...
What lies ahead for agency compensation?
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
More Than Half of Adults Could Not Meet Expenses If They Became Disabled, Survey Shows
Feb 28 2007 // Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56...
