Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
PCI Urges NAIC to Leave Insurance Scoring to States
May 3 2004 // National News • March 16 “I have been a State Farm agent 34 years and have a little over 2000 cars insured. Because of credit scoring last year, I was only able to qualify nine new auto sales for the entire year....
PCI Urges NAIC to Leave Insurance Scoring to States
May 3 2004 // National News • March 16 “I have been a State Farm agent 34 years and have a little over 2000 cars insured. Because of credit scoring last year, I was only able to qualify nine new auto sales for the entire...
Insurer Group Voices Concerns Again Over Proposed Changes to Market Conduct Suveillance Act
Apr 8 2004 // The Property Casualty Insurers Association of America (PCI) again raised its concerns to the National Association of Insurance Commissioners’ (NAIC) Market Conduct Committee regarding their proposed changes to the...
Regulators Urge Congress to Act Before TRIA Expires in December of 2005
Apr 7 2004 // Key members of the National Association of Insurance Commissioners (NAIC) are urging Congressional leaders to act this year on a federal solution that will ensure insurance marketplace stability and economic security as...
MONTANA RECIEVES NAIC ACCREDITATION AWARD:
Apr 5 2004 // The insurance regulatory organization from Montana received Accreditation awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. The honor...
Amendment to ‘Model Regulation’ Opens Door for Insurance Agents, Consumers, Life Settlement Industry
Mar 26 2004 // Consumers’ rights received a boost last week when a key committee of the National Association of Insurance Commissioners (NAIC) approved an amendment to that group’s Model Regulation (for settlements). The...
Ga. Commissioner Named Liaison to Hague Conference
Mar 23 2004 // The National Association of Insurance Commissioners (NAIC) recently announced that Georgia Insurance Commissioner John Oxendine has been named the NAIC liaison to the Hague Conference. In this role he will attend Hague...
PCI Applauds NAIC’s Rejection on “Alien Reinsurers” Funds
Mar 22 2004 // The Property Casualty Insurers Association of America issued a bulletin applauding the decision by the Reinsurance Task Force of the National Association of Insurance Commissioners to table consideration of an approved...
PCI Urges NAIC to Leave Insurance Scoring to States
Mar 16 2004 // The Property Casualty Insurers Association of America has issued a bulletin indicating that continued debate within the National Association of Insurance Commissioners’ Credit Scoring Working Group about definitions...
States Campaign Against Bogus Sales
Mar 16 2004 // State insurance commissioners are vowing to crack down on unauthorized insurance plans with a campaign to educate consumers about illegal sales. In its meeting in New York City, the National Association of Insurance...
Electronic State Filings Proving to be Popular
Mar 16 2004 // More and more insurers and states are using systems for electronically filing rates and forms to meet regulatory requirements, with the number of electronically filed forms tripling in the past year. For all of 2003, more...
NAIC Adopts Market Analysis Handbook
Mar 15 2004 // During a conference call this week, insurance regulators from across the country unanimously adopted the National Association of Insurance Commissioners‘ (NAIC) Market Analysis Handbook, which will be used as a tool...
Conn., Pa. Receive NAIC Accreditation Awards
Mar 15 2004 // The insurance regulatory organizations from Connecticut, Montana and Pennsylvania have received Accreditation awards under the National Association of Insurance Commissioners’ Financial Regulation Standards and...
NAMIC Backs Withdrawal of Sarbanes-Inspired Proposal
Mar 15 2004 // Withdrawal of a proposal on Saturday, during a meeting of the NAIC Blanks Working Group, to have the National Association of Insurance Commissioners (NAIC) Annual Statement reflect Sections 406 and 407 of the...
Montana Receives NAIC Accreditation Award
Mar 15 2004 // The insurance regulatory organization from Montana received Accreditation awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. The honor...
Credit-Based Scoring Tops AIA Agenda at Spring NAIC Gathering in New York City
Mar 12 2004 // The issue of credit-based insurance scoring will once again reportedly be the subject of much discussion and attention during the spring meeting of the National Association of Insurance Commissioners (NAIC) in New York,...
NYC to Host NAIC Meeting March 13-16
Mar 11 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that New York City will host the 2004 Spring National Meeting of the National Association of Insurance Commissioners (NAIC) from March...
AIA Addresses Actions Taken by State Commissioners’ Working Group on Credit Scoring Use
Mar 5 2004 // According to the Washington, D.C. office of the American Insurance Association (AIA), a state insurance regulator’s working group is being pressured by the National Association of Insurance Commissioners (NAIC) to...
NAIC, PCI Issue Statements in Response to Consumer Group Criticisms on Regulatory Reform
Mar 3 2004 // The National Association of Insurance Commissioners (NAIC) and the Property Casualty Insurers Association of America (PCI) issued statements in response to a letter from two consumer groups that criticized the insurance...
Market Analyst Summarizes Calif. Results in 2002 NAIC Report on W.C. Profitability
Mar 1 2004 // In late January 2004, the National Association of Insurance Commissioners (NAIC) released its “Report on Profitability by Line by State” for 2002. The NAIC report provides complete, direct income statement data...
