Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
NAIC Launches Online Insurance Fraud Reporting
Jan 28 2005 // The National Association of Insurance Commissioners (NAIC) is now featuring an online insurance fraud reporting system on the association’s Web site, http://www.naic.org/. The online fraud reporting system –...
People & Places
Jan 24 2005 // Tony Casabat Redwood City, Calif.-based ABD Insurance and Financial Services hired Tony Casabat as senior vice president/sales executive for the company’s Employee Benefits practice. Casabat, a longtime lead sales...
Insurers Regulator’s Broker Dealer Model Laudable But Still Too Broad
Jan 20 2005 // National Association of Insurance Commissioners efforts to address concerns surrounding broker compensation continue to be over-broad, going beyond the single problem that has been defined, according to comments filed...
PCI Has “Significant Doubts” Concerning NAIC’s Agent Disclosure Proposals
Jan 20 2005 // The Property Casualty Insurers Association of America has issued a bulletin indicating that it has some “significant doubts” concerning the NAIC’s proposed inclusion of disclosure duties on agents. The...
PIA National Will Oppose Broker Compensation Disclosure Model As Passed
Jan 6 2005 // The National Association of Professional Insurance Agents reiterated its opposition to the version of a compensation disclosure model law that was passed by a vote of 30-15 (with three abstentions) on Dec. 29, 2004, by the...
People & Places
Jan 3 2005 // Charles Cushner Kathleen Lawler The Independent Insurance Agents & Brokers of New York Inc. recently announced the addition of three new staff members. Kathleen A. Lawler is IIABNY’s new director of education,...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Indep-endent Insurance Agents &...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents &...
Big ‘I’ Recognizes NAIC Efforts, Seeks Further Clarity
Dec 30 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) on Wednesday credited the National Association of Insurance Commissioners’ (NAIC) for its hard work on a compensation disclosure...
PCI Reacts Cautiously to NAIC’s Partial Producer Licensing Act Adoption
Dec 30 2004 // The Property Casualty Insurers Association of America has released a statement, indicating that the action of regulators to delay consideration of one critical section of the proposed amendment to its Producer Licensing...
Insurers Claim Regulators’ Open Meetings Policy Ignored
Dec 22 2004 // “Any NAIC deliberation or decision that has legal or persuasive effect on insurance law and regulation is the public’s business and must be conducted in a public setting,” stated a National Association of...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Dec 20 2004 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents &...
Andrew Welsh-HugginsAgents, Insurers Seek Targeted Compensation Disclosure Rules
Dec 20 2004 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents &...
Survey Points to Public Blind Eye to Fake Insurance
Dec 14 2004 // According to the General Accounting Office, the number of fake insurance policies sold to consumers is on the rise, resulting in $252 million in unpaid health insurance claims alone. According to a survey conducted by the...
NAIC Award Honors Fla. Regulator
Dec 13 2004 // Rich Robleto, director of Life and Health Product Review at the Florida Office of Insurance Regulation has received the Robert Dineen Award from the National Association of Insurance Commissioners (NAIC). The award was...
NAMIC: Scope of Change to NAIC Producer Licensing Model Should be Well Defined
Dec 13 2004 // Any solution proposed by the NAIC in response to the broker compensation issue should be targeted to a well defined problem, according to testimony submitted by the National Association of Mutual Insurance Companies...
Big ‘I’ Backs NAIC Compensation Disclosure Amendment
Dec 9 2004 // The Independent Insurance Agents & Brokers of America announced that it supports the stated goals and objectives of the National Association of Insurance Commissioners’ (NAIC) compensation disclosure amendment,...
PCI Calls for More Specific Regulatory Modernization Agenda at NAIC Meeting
Dec 8 2004 // District of Columbia Insurance Commissioner Larry Mirel responded to a request from the Property Casualty Insurers Association of America (PCI) for regulators to develop a more specific action plan for regulatory...
SERFF Use Increases Reports NAIC
Dec 7 2004 // According to the National Association of Insurance Commissioners, for the period from Jan. 1 through Nov. 30, 2004, the System for Electronic Rate and Form Filing (SERFF) has facilitated the online transmission and review...
PCI Says Revised NAIC Producer Licensing Model Makes Progress, But Still Flawed
Dec 7 2004 // One day after a lengthy hearing on its draft Producer Compensation Disclosure Amendment to the Producer Licensing Model Act, the National Association of Insurance Commissioners (NAIC) released a revised version of the...
