Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
NAIC Cuts Out Controversial Model Language
Oct 16 2000 // The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model...
NAIC Adopts Amendments to Producer Licensing Model Act
Oct 5 2000 // Members of the National Association of Insurance Commissioners (NAIC) adopted by unanimous vote amendments to the NAIC Producer Licensing Model Act. In addition to adopting changes to ensure compliance with the reciprocity...
NAIC Submits Legislative Proposal to Combat Insurance Fraud
Sep 27 2000 // The National Association of Insurance Commissioners has submitted proposed legislation to grant state insurance regulators access to the FBI’s National Crime Information Center database. The NAIC made the request in...
NAIC Adopts Model Consumer Privacy Regulation Initiative
Sep 27 2000 // The National Association of Insurance Commissioners has adopted standards for the regulation of Consumer Financial and Health Information in an effort to guide individual states in their efforts to comply with the consumer...
Four States Earn Second Round NAIC Accreditation
Sep 12 2000 // Four states were awarded second-round accreditation certificates today under the National Association of Insurance Commissioners’ Financial Regulation Standards and Accreditation Program. “We congratulate...
District of Columbia, Oklahoma, Tennessee Receive NAIC Awards
Sep 12 2000 // Three states were recognized for successfully implementing all 11 technology-based initiatives in the State Regulation 2000 (SR 2000) program. The District of Columbia Department of Insurance and Securities Regulation, the...
NAIC INVESTIGATES STATE FARM
Aug 7 2000 // The National Association of Insurance Commissioners (NAIC) is investigating reports that State Farm, the nation’s largest auto insurer, improperly denied claims for treatment of injuries in accidents. State Farm has...
NAIC Begins Investigation Into State Farm Practices
Jul 25 2000 // The National Association of Insurance Commissioners is investigating reports that State Farm, the nation’s largest auto insurer, improperly denied claims for treatment of injuries in accidents. NAIC President George...
NAIC Provides Testimony on Implementation of Gramm-Leach-Bliley
Jul 21 2000 // Taking the National Association of Insurance Commissioner’s regulatory reform agenda before the Congress, NAIC President and Kentucky Insurance Commissioner George Nichols said during Congressional testimony Thursday...
NAIC Adopts Consumer Complaints White Paper
Jun 28 2000 // The National Association of Insurance Commissioners has adopted a white paper regarding the handling of consumer complaints by insurance departments. The action came during a plenary conference call yesterday. The white...
Commercial Lines Deregulation Continuesto Gain Momentum at State Level
Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...
NAIC Adopts Resolution on Race Criteria, Small-Face-Value Products
Jun 22 2000 // The Florida Department of Insurance has banned race as an underwriting criteria and has been investigating small-face-value life and industrial life insurance policies sold in Florida. In addition, the Florida Department...
NAIC Picks Comm. Nelson To Lead Negotiations For Nationwide Settlement On Burial Insurance
Jun 14 2000 // The National Association of Insurance Commissioners, assembled near Orlando for its summer conference, has named Florida Insurance Commissioner Bill Nelson to lead nationwide settlement negotiations as the primary...
NAIC Adopts Resolution on Race Criteria, Small Face Value Products
Jun 13 2000 // Members of the National Association of Insurance Commissioners (NAIC) at the Summer National Meeting in Orlando yesterday approved a resolution to remedy the previous use of race as a criteria in underwriting and to...
NAIC Alters Meeting Schedule to Focus on Gramm-Leach-Bliley Issues
May 30 2000 // The National Association of Insurance Commissioners is changing the Summer National Meeting agenda in Orlando in order to allow more meeting time for the Gramm-Leach-Bliley working groups. “I am very pleased with the...
PIA National Board Adopts Policy on State Oversight
May 10 2000 // The National Association of Professional Insurance Agents has adopted a policy position favoring a newly evolved system of oversight and guiding PIA participation in the insurance regulatory reform efforts of the National...
State Legislatures Key To Preserving State Insurance
May 8 2000 // State legislators hold the key to preserving state insurance regulation, an official of the National Association of Mutual Insurance Companies (NAMIC) told an audience at the spring meeting of the National Conference of...
WORKERS’ COMP MARKET OVERVIEW
Apr 3 2000 // CALIFORNIA STILL CRAZY AFTER ALL THESE YEARS By Sky Barnhart “After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of...
NAIC Approves Regulation Blueprint
Mar 14 2000 // Amid pressure from the banking industry to regulate insurance on the federal level, state insurance regulators are considering a move that would allow some insurers to be treated as if they have a federal charter. The plan...
NAIC: Int’l Effort To Settle Holocaust Claims
Feb 16 2000 // Lawrence Eagleburger, Chairman of the International Commission on Holocaust Era Insurance Claims (ICHEIC), announced the launch of a comprehensive international effort to resolve outstanding claims on insurance policies...
