Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
NAIC’s Ario Says Producer Licensing Reform, Credit Scoring are Top Priority
Jan 26 2004 // Insurance Journal had a chance to sit down with newly-elected Secretary-Treasurer Joel Ario, Administrator of the Oregon Department of Insurance, at the National Association of Insurance Commissioners’ Winter Meeting...
ALASKA PRIVACY REGS. TROUBLE ALLIANCE
Jan 12 2004 // The regulations proposed by the Alaska Division of Insurance regarding privacy of consumer financial and health information, while improved from the original proposal, are still not in sync with state law, according to the...
Top 5 NAIC Staffers Earn More Than $1 Million
Jan 7 2004 // The National Association of Insurance Commissioners (NAIC) released the salaries of its top five officers, who earned more than $1 million combined. NAIC Executive Vice President Catherine J. Weatherford was paid...
Regulatory Modernization Top Priority in 2004 Says Industry Trade Group
Dec 24 2003 // State insurance regulation is at a critical crossroads and achieving regulatory modernization in states in 2004 must be a top priority for insurers and state regulators, the National Association of Independent Insurers...
N.D. Commissioner Elected NAIC VP
Dec 15 2003 // North Dakota Insurance Commissioner Jim Poolman has been elected by his peers to serve as vice president of the National Association of Insurance Commissioners for 2004. The vote, by members of the NAIC, was held Dec. 7,...
Alliance Reports Alaska Privacy Regulations Still Troublesome
Dec 12 2003 // The Alaska Division of Insurance’s proposed regulations regarding privacy of consumer financial and health information, while improved from the original proposal, are still not in sync with state law, according to...
NAIC Committee Adopts Market Analysis Handbook
Dec 12 2003 // State regulators across the country may soon have a definitive source of guidance on market analysis, as the National Association of Insurance Commissioners’ (NAIC) Market Analysis & Consumer Affairs (D)...
NAII Applauds Adoption of NYSID Proposal to Exempt Rated Securities from NAIC Filing Requirements
Dec 10 2003 // The National Association of Independent Insurers issued a bulletin congratulating regulators at the NAIC meeting for adopting a proposal by the New York Insurance Department to exempt securities rated by a nationally...
NAIC Receives Cost Information on Phase 1
Dec 10 2003 // The National Association of Insurance Commissioners (NAIC) received information at its Winter Meeting in Anaheim from the property/casualty industry concerning the costs incurred by insurers in Phase 1 of the Market...
NAII Voices Concerns Regarding Enforcement of Judgments Abroad
Dec 10 2003 // The National Association of Independent Insurers (NAII) raised concerns about the ability to enforce judgments in foreign countries for reinsurance collateral reduction, as discussed by the National Association of...
Pair of State Staffers Earn NAIC’s Highest Individual Award
Dec 9 2003 // The National Association of Insurance Commissioners (NAIC) has presented its most prestigious individual award to Rosanne Mead, Assistant Iowa Insurance Commissioner, and Fred Nepple, General Counsel in the Wisconsin...
Alliance Urges NAIC to Move up Regulatory Modernization Efforts
Dec 8 2003 // The Alliance of American Insurers is urging the National Association of Insurance Commissioners (NAIC) to advance their timetable for getting all 50 states to modernize their regulatory processes from the current 2006-2008...
Csiszar Named NAIC President for 2004
Dec 8 2003 // During the Winter National Meeting in Anaheim, members of the National Association of Insurance Commissioners (NAIC) elected regulators from South Carolina, North Dakota and Oregon to serve as the association’s 2004...
State Regulator, Former Congressman Caution Insurers on Federal Regulatory Intervention
Nov 19 2003 // A leading state regulator and a former U.S. Representative warned insurers that expanding congressional oversight of the industry may worsen rather than improve the regulatory system. Ernst Csiszar, South Carolina...
LDI Gets High Marks From NAIC
Nov 19 2003 // Louisiana Commissioner of Insurance Robert Wooley announced that he and his staff at the Louisiana Department of Insurance have a lot to celebrate in December. Wooley said the accreditation team of the National Association...
Insurers Question NAIC Budget Reserves
Nov 17 2003 // Insurance industry representatives are unhappy with a budget proposed by the National Association of Insurance Commissioners, the quasi-governmental body that collects insurers’ annual financial statements and...
PICKENS PROMOTES NAIC PLAN:
Nov 17 2003 // Arkansas Insurance Commissioner Mike Pickens told members of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises that regulating insurance is a function of the states, a system that...
Insurers Question NAIC Budget Reserves
Nov 17 2003 // Insurance industry representatives are once again unhappy with a proposed budget of the National Association of Insurance Commissioners (NAIC), the quasi-governmental body that collects insurers’ annual financial...
Agents Tout Pragmatic Reforms During House Hearing
Nov 7 2003 // Former Independent Insurance Agents & Brokers of America (IIABA) President Tom Ahart and Ronnie Tubertini, chairman of IIABA’s Government Affairs Committee, on Thursday provided their perspectives on the current...
Pickens Promotes NAIC’s Modernization Plan in Congress
Nov 7 2003 // Arkansas Insurance Commissioner Mike Pickens told members of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises that regulating the business of insurance is a function of the states,...
