Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Maine Regulator Wake Receives National Award
Dec 12 2006 // The National Association of Insurance Commissioners presented Robert Wake, staff attorney for the Maine Bureau of Insurance, with the Robert Dineen Award, the association’s most prestigious individual honor. Wake...
Maine Insurance Chief Iuppa Stepping Down in January
Dec 6 2006 // Maine Superintendent of Insurance Alessandro Iuppa has announced his intention to step down from his position effective Jan. 13, 2007. “After 20 years, including 13 in Maine, in the insurance regulatory community it...
Regulators Tell Anti-Trust Commission McCarran Exemption Fosters Competition
Oct 18 2006 // The nation’s insurance regulators told the Antitrust Modernization Commission today that the McCarran-Ferguson antitrust exemption, combined with effective state insurance supervision, fosters a vibrant, competitive...
Roger Sevigny, New Hampshire, Commissioner of Insurance
Oct 9 2006 // The New Hampshire Insurance Department was the first in the nation when it was created in 1851 with a mission to administer the state’s insurance laws. Roger Sevigny, current commissioner, was recently elected an...
NAIC, Trades Spar at Congressional Hearing on Insurer Investments
Sep 20 2006 // The National Association of Insurance Commissioners (NAIC) President and Maine Insurance Superintendent Alessandro A. Iuppa told the House Finanacial Services Subcommittee panel that strong financial regulation of...
Nation’s Commissioners Propose 6% Bump in Association Budget for 2007
Sep 20 2006 // The National Association of Insurance Commissioners released its proposed budget for 2007. The consolidated budget calls for a projected $63.4 million in total revenue, an increase of 6.81 percent from 2006 budget levels...
New Education Program Launched for State Insurance Regulators
Sep 11 2006 // The National Association of Insurance Commissioners announced that beginning in October its new Insurance Regulator Professional Designation Program will be available to state regulators. The program, which is the first of...
Optional Federal Charter ‘legislation of the worst kind,’ says PIA exec
Aug 7 2006 // The National Insurance Act of 2006 would undermine key insurance consumer protections, constrict the availability of insurance, create market instability and prompt a flood of litigation, according to Leonard C. Brevik,...
Christina Urias
Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately especially since wildfire season in particular extends through September. But the Arizona Department of Insurance...
Christina Urias, Arizona, Director of Insurance
Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately — especially since wildfire season in particular extends through September. But the Arizona Department of...
Optional Federal Charter ‘Legislation of the Worst Kind,’ Says PIA Exec
Jul 25 2006 // The National Insurance Act of 2006 would undermine key insurance consumer protections, constrict the availability of insurance, create market instability and prompt a flood of litigation, according to Leonard C. Brevik,...
States may scrap full collateral requirements for ‘alien’ reinsurers
Jul 24 2006 // In an abrupt departure from procedures that have been in place since World War II, the National Association of Insurance Commissioners took a first step at its recently concluded meeting in Washington, D.C., towards...
Illinois freshman regulator McRaith gives insurance view from Midwest
Jun 19 2006 // Question: What is the specific impact of the 2005 catastrophes on the Midwest? McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly...
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 19 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
U.S. Regulators May Scrap Full Collateral Requirements for ‘Alien’ Reinsurers
Jun 14 2006 // In an abrupt departure from procedures that have been in place since Wold War II, the National Association of Insurance Commissioners has taken a first step towards scrapping the “full collateral” requirements...
Regulators Propose New Standards for Title Insurance and Annuity Products
Jun 12 2006 // Working through the National Association of Insurance Commissioners (NAIC), state insurance regulators are making progress in developing new examination standards addressing marketing and sales practices for title, life...
State Commissioners Elect N.H.’s Sevigny to Leadership Post
Jun 11 2006 // Members of the National Association of Insurance Commissioners (NAIC) unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association. The election was held at NAIC’s...
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 5 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 5 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
States Promise Quicker Insurance Product Approvals Under New System
May 26 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
