Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Survey Shows Gain in Market Conduct Uniformity
Dec 6 2004 // An industry survey of property/casualty, health and life insurance companies regarding market conduct examination practices claims to demonstrate that state insurance regulators are striving to adhere to uniformity...
NAIC Elects 2005 Officers
Dec 6 2004 // The National Association of Insurance Commissioners (NAIC) elected four officers for 2005 during the NAIC Winter meeting in New Orleans, including a newly created position of president-elect to effectively serve a two-year...
NAIC Hears Testimony on Changes to Producer Licensing Model Act; Broker Disclosure a Big Concern
Dec 6 2004 // The National Association of Insurance Commissioners’ Executive Task Force on Broker Activities heard a consensus from industry and producers that while remedies were needed, the initiatives suggested so far were...
NAIC’s “Together for Literacy” Recognizes Literacy Alliance of Greater New Orleans
Dec 6 2004 // The National Association of Insurance Commissioners (NAIC) announced it named the Literacy Alliance of Greater New Orleans as the fourth recipient of the 2004 “Together for Literacy” program as part of the...
CIAB Endorses NAIC Proposed Disclosure Regulation
Dec 3 2004 // The Council of Insurance Agents & Brokers (CIAB) announced its endorsement of the National Association of Insurance Commissioners’ (NAIC) proposed regulation calling for the full disclosure and transparency of...
AAMGA Offers Feedback on Proposed Broker Disclosure Amendment to Producer Licensing Model Act
Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...
NAMIC Raises Concerns Over Proposed NAIC Broker Activities Questionnaire
Dec 2 2004 // The National Association of Mutual Insurance Companies (NAMIC) voiced its concerns about an NAIC-developed template suggested to states to query their domestic carriers about possible relationships with large brokerage...
PCI Supports NAIC Broker Disclosure Provisions, but Recommends Changes in Written Testimony
Dec 2 2004 // The Property Casualty Insurers Association of America (PCI) supports provisions of a model regulation that require insurance brokers to disclose that they are acting as a broker and to disclose all sources of compensation...
AIA Sets Multi-Issue Agenda for NAIC Meeting
Nov 23 2004 // The American Insurance Association (AIA) on Tuesday said that it has a full agenda for the upcoming National Association of Insurance Commissioners’ (NAIC) Winter Meeting. Issues of concern to AIA include the...
Speed-to-Market Seminar in January
Nov 22 2004 // To assist P/C insurers on improving speed-to-market, the Property Casualty Insurers Association of America (PCI), the National Association of Insurance Commissioners (NAIC) and InSystems are sponsoring a free seminar for...
PCI Asks Regulators to Put Caps on Budget Reserve
Nov 22 2004 // The Property Casualty Insurers Association of America (PCI) urged regulators to show budget discipline and responsibility by capping the National Association of Insurance Commissioners’ (NAIC) budget reserve at a...
Action Needed to Address State-Based Insurance Regulation
Nov 22 2004 // With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility...
NAIC Advances ’05 Budget; Vote Set for Winter Meeting
Nov 22 2004 // The National Association of Insurance Commissioners (NAIC) last week advanced its proposed 2005 budget during a public hearing and subsequent meeting of the NAIC Internal Administration (EX1) Subcommittee, both conducted...
At Senate Hearings into Broker Pay, NAIC Claims States Get Job Done without Headlines
Nov 16 2004 // New York Superintendent of Insurance Greg Serio, speaking on behalf of the nation’s state insurance commissioners, will tell a Senate subcommittee today that state regulators play a critical role in guaranteeing a...
State Regulators Reveal Model Disclosure Act
Nov 16 2004 // An insurance broker would be required to obtain written approval from a customer before receiving any compensation from an insurer for a piece of business under a model compensation disclosure act unveiled by the...
CIAB Makes Recommendations on NAIC Proposed Compensation Regulation
Nov 10 2004 // In a letter to the National Association of Insurance Commissioner President, Diane Koken, who also serves as the commissioner of the Pennsylvania Insurance Department, the Council of Insurance Agents & Brokers...
PIA National Encouraged by NAIC’s New Task Force
Nov 9 2004 // The National Association of Professional Insurance Agents is lauding the National Association of Insurance Commissioners (NAIC) for moving quickly to address public policy issues in the wake of actions by New York Attorney...
NAIC Conference Call Places State Insurance Investigations on Hold
Nov 8 2004 // State insurance commissioners in the southeast and across the United States consulted in a conference call the week after New York Attorney Gen-eral Eliot Spitzer made allegations of rigged bids and price-fixing among...
NAIC Task Force of 13 States to Lead Broker Investigations, Develop Model Disclosure Law
Nov 2 2004 // The National Association of Insurance Commissioners (NAIC) announced that it has recently formed the NAIC Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal...
Maryland Receives NAIC Accreditation
Oct 22 2004 // The Maryland Insurance Administration received an accreditation award under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program at the 2004 NAIC fall...
