Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
NAIC Told P/C Insurer Use of Arbitration Saves Time, Money
Mar 11 2003 // Property/casualty insurer use of arbitration as an alternative to the more formal and confrontational tort system results in a more efficient and equitable disposition of claims, benefiting both consumers and companies, a...
Vermont Receives NAIC’s URTT Award
Mar 11 2003 // The National Association of Insurance Commissioners recognized the State of Vermont for successfully implementing all 12 technology-based initiatives in the Uniform Regulation Through Technology (URTT) program. The award...
AAI in Support of NAIC’s ASSURE Project
Mar 7 2003 // The Alliance of American Insurers (AAI) is applauding state commissioners attending the National Association of Insurance Commissioners’ (NAIC) spring meeting in Atlanta for initiating a project aimed at increasing...
NAIC Names Wooley Chairman of Nat’l Consumer Protection Committees
Mar 7 2003 // Louisiana’s Acting Commissioner of Insurance, Robert Wooley, is the new chairman of two consumer protection committees by the president of the National Association of Insurance Commissioners (NAIC). NAIC President...
NAII Notes All States Have Addressed Privacy Legislation
Feb 24 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” to assure continued regulatory compliance, according to the National Association of...
NAII Notes All States Have Addressed Privacy Legislation, While Handful Have Proposals Pending
Feb 11 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National...
Terrorism Risk Insurance Program: A Progress Report
Feb 10 2003 // With a federal terrorism reinsurance backstop now in place, the industry is faced with implementing the provisions of the legislation in a timely and efficient manner. This has and will continue to require unprecedented...
Terrorism Risk Insurance Program: A Progress Report
Feb 10 2003 // With a federal terrorism reinsurance backstop now in place, the industry is faced with implementing the provisions of the legislation in a timely and efficient manner. This has and will continue to require unprecedented...
NAIC Adopts Credit Scoring Regulatory Options Paper
Jan 24 2003 // The Credit Scoring Working Group of the National Association of Insurance Commissioners (NAIC) has adopted a list of options for states to consider when reviewing insurance credit scoring proposals as well as a consumer...
Pa. Governor Approves NAIC Producer Licensing Model Act
Jan 1 2003 // Pennsylvania Gov. Mark Schweiker has approved the National Association of Insurance Commissioners’ Producer Licensing Act in a move applauded by the American Insurance Association (AIA). Language concerning...
Csiszar Reappointed as S. C. Director of Insurance
Dec 31 2002 // Governor-Elect Mark Sanford reappointed Ernst N. Csiszar as the South Carolina Director of Insurance. Csiszar was originally appointed as the Director of Insurance in 1999 under Governor Hodges’ Administration. Over...
NAIC Adopts Resolution as Flood Insurance Program Sunsets
Dec 17 2002 // Acting within hours of a request for assistance from the Federal Emergency Management Agency (FEMA), the National Association of Insurance Commissioners’ Property and Casualty Committee adopted a resolution to...
Alliance, NAII Host Meeting on Terrorism Risk Act Implementation
Dec 16 2002 // The success of the newly enacted federal Terrorism Risk Insurance Act hinges on how smoothly the implementation process will be for insurers faced with a number of compliance issues. Enactment of the new legislation...
Fisher Says Insurance Background Helps Him Make a Difference
Dec 16 2002 // Oklahoma Insurance Commissioner Carroll Fisher is a big guy with a mission. In a recent conversation with the Insurance Journal, he spoke of his role as a voice for the industry within the National Association of Insurance...
MO Dept. of Insurance Re-accredited by NAIC for Financial Oversight
Dec 12 2002 // The Missouri Department of Insurance (MDI) has been re-accredited for five years by the National Association of Insurance Commissioners, who certified the MDI’s work on monitoring the financial health of insurers and...
AIA Pleased by Formation of New NAIC Working Group on Class Action
Dec 11 2002 // Arkansas Insurance Commissioner Mike Pickens, newly elected president of the National Association of Insurance Commissioners (NAIC), reported during a meeting of the Consumer Protection Working Group that the NAIC will...
AAI Pleased With Early Action by Treasury, NAIC on Terrorism Insurance
Dec 10 2002 // The Alliance of American Insurers (AAI) says it is pleased with the initial steps taken by the U.S. Department of the Treasury in the implementation of the terrorism insurance legislation signed by the President...
Regulators Honor TDI Staffer
Dec 10 2002 // Betty Patterson, senior associate commissioner in charge of the Texas Department of Insurance’s Financial Program, is one of this year’s two winners of the most prestigious award presented by the National...
NAFTA: Borders Open, Regulators Review Privacy and Inspection Concerns
Dec 9 2002 // Although the Bush Administration technically opened selected border crossings under the North American Free Trade Agreement (NAFTA) on Nov. 27, two key issues have arisen that could keep Mexican commercial vehicles from...
NAIC Adopts Terrorism Bulletin One Week Prior to San Diego Meeting
Nov 29 2002 // In an interim meeting this week, the National Association of Insurance Commissioners (NAIC) adopted a bulletin that outlines regulators’ expectations regarding filing of rates, policy form language and disclosure...
