Latest Naic Headlines

All the headlines from our Naic Topic Page, ordered by recency.

Industry Voices Concerns Over National Insurance Catastrophe Plan

Dec 18 2005 // Industry representatives generally support state regulators’ efforts to craft a comprehensive plan for natural catastrophes but take issue with elements of the draft proposal that was aired during the recent meeting...

Family Seeks Help, Man Vanishes from NAIC Meeting

Dec 12 2005 // Matthew Soumakis, 31, attending the National Association of Insurance Commissioners’ Meeting in Chicago last week vanished and the family is appealing for help. The Massachusetts man was last seen in a Streeterville...

National Assoc. of Insurance Commissioners Elects Officers

Dec 8 2005 // Members of the National Association of Insurance Commissioners elected regulators from Maine, Alabama, Kansas and New Mexico as the organization’s 2006 officers during the Association’s Winter National...

Regulators Hear Industry Concerns on National Insurance Catastrophe Plan

Dec 8 2005 // A new draft of the proposed national insurance catastrophe Plan created by the National Association of Insurance Commissioners was aired at the NAIC Winter Meeting. Some of the elements in the draft raised the ire of...

State Insurance Commissioners Honor N.Y.’s Moriarty with Top Award

Dec 5 2005 // The National Association of Insurance Commissioners (NAIC) today presented Michael J. Moriarty, director of financial solvency strategy with the New York State Insurance Department, with the Robert Dineen Award, the...

Insurance Regulators Approve 2006 Budget at Winter Meeting

Dec 5 2005 // The National Association of Insurance Commissioners approved its 2006 operating budget during the Winter National Meeting this week. The NAIC budget was proposed in September and a public hearing was held shortly after...

Industry Group Sees Sarbanes-Oxley as an Example of Hyper-Vigilance

Dec 5 2005 // The extension of Sarbanes-Oxley to non-public insurance companies is a good example of the era of regulatory hyper-vigilance in which it is difficult to know when an issue is of legitimate public policy concern or when it...

Industry Group Sees Sarbanes-Oxley as an Example of Hyper-Vigilance

Dec 4 2005 // The extension of Sarbanes-Oxley to non-public insurance companies is a good example of the era of regulatory hyper-vigilance in which it is difficult to know when an issue is of legitimate public policy concern or when it...

Western States Pay Average Auto Premiums, NAIC Reports

Nov 21 2005 // Drivers in most of the 13 states that comprise the Western region enjoy about average auto insurance premiums, according to the most recent study produced by the National Association of Insurance Commis-sioners (NAIC). In...

Western States Pay Average Auto Premiums, NAIC Reports

Nov 20 2005 // Drivers in most of the 13 states that comprise the Western region enjoy about average auto insurance premiums, according to the most recent study produced by the National Association of Insurance Commis-sioners (NAIC). In...

Iuppa Addresses Future of Regulation at PCI Meeting

Oct 26 2005 // Taking up the banner for the current state-based insurance regulatory system in the face of sometimes hostile critics, Maine Superintendent of Insurance Alessandro Iuppa defended the system and approaches taken by the...

N.D., S.D., Iowa Drivers Enjoy Lowest Auto Premiums: NAIC Report

Oct 17 2005 // Drivers in most of the 12 states that comprise the Midwest region enjoy lower average auto insurance premiums than their counterparts in other regions of the country, according to the most recent study produced by the...

N.D., S.D., Iowa Drivers Enjoy Lowest Auto Premiums: NAIC Report

Oct 17 2005 // Drivers in most of the 12 states that comprise the Midwest region enjoy lower average auto insurance premiums than their counterparts in other regions of the country, according to the most recent study produced by the...

NAMIC Not Part of Group Submitting Alternate Proposal to NAIC on SOX-Like Internal Control

Oct 13 2005 // Maintaining its position that such measures are unwarranted for mutual insurers, the National Association of Mutual Insurance Companies (NAMIC) was reportedly not part of an industry interested parties’ group...

NAIC Market Analysts ‘Mars’ Now Available for State Market Analysts

Oct 11 2005 // The National Association of Insurance Commissioners (NAIC) announced that the Market Analysis Review System (MARS) is now available for use by all state market analysts. This technological enhancement, which reflects...

Mich. Joins NAIC Settlement with Marsh

Sep 28 2005 // Michigan joined with over 30 state insurance regulators, working collaboratively through the National Association of Insurance Commissioners (NAIC), and announced a multi-state regulatory settlement with the nation’s...

N.D., S.D., Iowa Drivers Enjoy Lowest Auto Rates: NAIC Report

Sep 23 2005 // According to the NAIC’s “State Average Expenditures & Premiums for Personal Auto Insurance in 2003,” North Dakota drivers enjoy the lowest average auto insurance premiums in the nation. North...

NAIC Reports Multi-State Regulatory Settlement with Marsh & McLennan Cos.

Sep 21 2005 // More than 30 state insurance regulators working collaboratively through the National Association of Insurance Commissioners (NAIC) on Wednesday announced a multi-state regulatory settlement with the nation’s largest...

NAIC Releases 2006 Budget

Sep 19 2005 // The National Association of Insurance Commissioners has released its proposed budget for 2006, which calls for projected revenue of $59.3 million, a .18 percent increase over 2005 budget levels. Projected expenses of $58.3...

NAIC Introduces Online Fraud System

Sep 16 2005 // With the goal in mind to obtain uniformity in insurance regulation, address concerns expressed by the industry, and ultimately, to protect consumer interests, the National Association of Insurance Commissioners (NAIC) has...