Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Regulators Restore Exemptions Allowing Small Companies to Use Non-Actuaries
May 3 2002 // A National Association of Insurance Commissioners (NAIC) committee concerned with insurance companies’ actuarial reporting has retreated from an effort to make it more difficult for small companies to use...
Giving Credit Where Credit is Due
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has every heaped upon the consumer. Insurance companies, consumer advocates and regulators just...
Giving Credit Where Credit Is Due
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has ever heaped upon the consumer. Insurance companies, consumer advocates and regulators just cannot...
NAIC Study Finds Wis. Has Lowest Homeowner Rates
Apr 3 2002 // A study by the National Association of Insurance Commissioners (NAIC) found that Wisconsin has the lowest prices for homeowners insurance in the U.S. Wisconsin insurance commissioner Connie O’Connell expects these...
Insurers Applaud NAIC Action
Apr 1 2002 // In a significant victory for the National Association of Independent Insurers (NAII), regulators were convinced that installment payment fees paid by policyholders should not be reported as written premium. The National...
Commercial Lines Modernization Model Adopted by NAIC
Mar 20 2002 // Insurers were pleased as the National Association of Insurance Commissioners (NAIC) adopted its Commercial Lines Rate and Form Model Act at its Executive Committee meeting during the Spring Meeting in Reno this week. The...
NAIC Spring Meeting Presents Full Agenda
Mar 14 2002 // Regulatory modernization, market conduct and examinations, and credit scoring will be the top issues at the National Association of Insurance Commissioners (NAIC) Spring Meeting (March 16 -19) in Reno, according to...
Lloyd’s Seems to be Weathering the Storm
Mar 11 2002 // After the record losses from the WTC attacks, two cash calls, a buffeting by the rating agencies, a proposed reorganization of its basic financial structure and an audit by the National Assoc-iation of Ins-urance...
NAIC SELF-AUDIT PRIVELEGE GETS SUPPORT
Mar 11 2002 // National Association of Insurance Commissioners’ (NAIC) draft language on self-audit legislation will help insurers comply with state laws and regulations without opening their doors to frivolous lawsuits or...
Lloyd’s Seems to be Weathering the Storm
Mar 11 2002 // Elton John’s “I’m Still Standing” could become Lloyd’s theme song—it’s a better fit than “Candle in the Wind.” After the record losses from the WTC attacks, two cash calls,...
NAIC Hosts Conference on International Issues
Feb 26 2002 // The National Association of Insurance Commissioners (NAIC) will host the International Issues Conference Feb. 28 and March 1, in Washington, D.C. The seminar is designed to explore recent developments in international...
CDI Urged to Wait before Implementing Proposed Privacy Regulations
Feb 25 2002 // We strongly encourage the Department to wait before they actually promulgate these regulations.” That sentiment was offered during testimony given Feb. 8, by Steve Young, senior vice president and general counsel for...
Insurers Applaud NAIC for Joining Fight Against OCC Attempt to Preempt State Regulation
Feb 21 2002 // Insurers praised the recent decision by the National Association of Insurance Commissioners’ (NAIC) Functional Regulation Working Group to file an amicus brief against the Office of Comptroller of the...
Insurers Support NAIC’s Draft on Self-Audit Privilege
Feb 20 2002 // National Association of Insurance Commissioners’ (NAIC) draft language on self-audit legislation will help insurers comply with state laws and regulations without opening their doors to frivolous lawsuits or...
Report Indicates Lloyd’s Will Pass NAIC Audit
Feb 15 2002 // Lloyd’s is apparently set to receive a clean bill of financial health from the auditors who’ve been examining its accounts, and evaluating its reserves, as part of last November’s agreement with the...
Changes to NAIC’s Record Retention Model Could Require Amendments to Existing State Statutes
Feb 14 2002 // Suggested changes to the National Association of Insurance Commissioners’ (NAIC) Market Conduct Record Retention Model Regulation could require that state legislatures amend existing statutes in order to achieve...
IIAA President Focuses on New Policy Position
Feb 13 2002 // The Independent Insurance Agents of America (IIAA) continues to support state insurance regulation and will be working closely with the National Association of Insurance Commissioners (NAIC) and other allies who support...
NAIC WINS AWARD FOR HUMAN RESOURCES MANAGEMENT
Feb 11 2002 // The National Association of Insurance Commissioners (NAIC) received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in the...
NAII Tapped to Help NAIC Craft Privacy Notification Language
Feb 7 2002 // The National Association of Independent Insurers (NAII) has been named to a National Association of Insurance Commissioners’ (NAIC) task force to develop an example that insurance companies can use when sending...
NAIC Wins Award for Human Resources Management
Jan 30 2002 // The National Association of Insurance Commissioners (NAIC) has received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in...
