Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Louisiana Hosts Saudi Arabia, Philippines Insurance Regulators
Nov 17 2015 // The Louisiana Department of Insurance is hosting insurance regulators from Saudi Arabia and the Philippines as part of the National Association of Insurance Commissioners (NAIC) International Fellows Program. First...
People – East
Nov 2 2015 // Erie Insurance Group President and Chief Executive Officer Terrence W. Cavanaugh announced his plan to retire at the close of 2016. Erie Insurance said it has launched the process to appoint a new CEO, with the Board of...
People – Midwest
Nov 2 2015 // Former U.S. Senator Ben Nelson will step down as chief executive officer of the National Association of Insurance Commissioners (NAIC), when his current term ends on Jan. 31, 2016. He began his tenure at NAIC in January...
Ex-Senator Nelson to Exit NAIC Leadership Post
Oct 9 2015 // Former U.S. Senator Ben Nelson will not renew his contract as chief executive officer of the National Association of Insurance Commissioners (NAIC), the group announced. Nelson’s current term ends on Jan. 31, 2016....
Former Maryland Commissioner Goldsmith Joins Law Firm Hogan Lovells
Sep 22 2015 // Law firm Hogan Lovells announced that former Maryland Insurance Commissioner Therese Goldsmith has joined firm’s Health practice and the Insurance Industry sector group as a partner in the Baltimore office. Goldsmith...
Fracking Drives NAIC Earthquake Conversation
Aug 17 2015 // Hydraulic fracturing – the process of extracting oil and gas resources that requires breaking rock through the high-pressured injection of liquid into the ground, popularly known as “fracking” – has caused...
NAIC: Wisconsin 29th State to Join State Based Systems
Aug 17 2015 // The National Association of Insurance Commissioners (NAIC) reported that Wisconsin is the 29th state to license State Based Systems (SBS), an electronic-filing tool created for NAIC members to increase efficiency in...
Florida Commissioner McCarty Warns Against U.S. Adopting ‘Bank-Like’ Regulation for Insurance
Jun 15 2015 // Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate...
Vermont’s New Captive Law Revises Capital Requirements
May 18 2015 // Vermont Gov. Peter Shumlin signed new legislation passed in April that brings several changes to the state’s captive insurance rules – including changes to the investment guidelines to allow “marketable...
Vermont’s New Captive Legislation to Revise Some Capital Requirement Rules
May 6 2015 // Vermont officials announced that Gov. Peter Shumlin will sign new legislation passed in April that would bring several changes to the state’s captive insurance rules — including changes to the investment...
Florida Commissioner McCarty Touts State Regulation Before Congress
May 6 2015 // Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate...
NAIC Adopts Ridesharing White Paper for State Policymakers
Mar 31 2015 // The National Association of Insurance Commissioners on Tuesday adopted a white paper on insurance coverage for ridesharing that offers several suggestions for how state regulators should deal with insurance...
NAIC Rises Above ‘No Action Is Contemplated’ on Ride-Sharing
Mar 31 2015 // Regular attendees of the National Association of Insurance Commissioners’ thrice-yearly meetings are known to joke that NAIC actually stands for “No Action Is Contemplated.” At the group’s latest...
NAIC Report: New Jersey Tops Nation in Auto Insurance Rates
Mar 24 2015 // An annual industry report shows New Jersey has the costliest auto insurance rates in the nation. The National Association of Insurance Commissioners says New Jersey motorists paid an average of $1,220 in 2012. That’s...
Heading a National Ridesharing Outline a Political Gain for Jones?
Feb 23 2015 // A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example. Whether the National...
Climate Change Regulations for Insurers Not Out of Realm of Possibility
Feb 12 2015 // Some sort of climate change regulation for the insurance industry could be just around the corner. Then again, it might not be. It’s a tossup in the eyes of Don Reed, a managing director in...
Missouri Insurance Director Named NAIC President-Elect
Feb 10 2015 // Members of the National Association of Insurance Commissioners (NAIC) have elected Missouri Insurance Director John M. Huff to fill the vacant position of the office of president-elect. The office was vacated on Jan. 20...
Heading a National Ridesharing Outline a Political Gain for Jones?
Feb 4 2015 // A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example. Whether the National...
NAIC Seeks Input on TNC White Paper
Jan 26 2015 // The National Association of Insurance Commissioners has begun a 30-day comment period on a draft white paper (available here) that no doubt will shape the development in states across the country of insurance requirements...
NAIC Hires Former Arizona Regulator Urias as International Director
Jan 21 2015 // The National Association of Insurance Commissioners (NAIC) has hired Christina Urias, former Arizona insurance commissioner, to the fill newly-created position of managing director of the International Insurance Regulatory...
