Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
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...
N.Y. Gov. Signs NAIC Compliance Bill
Sep 26 2002 // New York Gov. George Pataki has signed a bill (A.11821) to bring accounting standards for the state’s domestic insurers into compliance with the National Association of Insurance Commissioners’ (NAIC) standards...
AIA Supports Improvements in NAIC Plan to Study Market Conditions
Sep 18 2002 // A key committee of the National Association of Insurance Commissioners has agreed to expand its review of property/casualty insurance market conditions to include an analysis of the root causes of those conditions,...
Hawaii Division Receives National Award
Sep 18 2002 // The Hawaii Insurance Division (Division) received the National Association of Insurance Commissioners’ (NAIC) Uniform Regulation through Technology (URTT) Award after completing all 12 of the URTT initiatives. The...
Insurers Question Direction of Credit Scoring Working Group
Sep 12 2002 // The National Association of Independent Insurers (NAII) questioned the approach regulators are taking in formulating direction for the states on the use of insurance credit scoring. The Credit Scoring Working Group met...
NAIC Approves Amendment to Privacy Model Regulation
Sep 11 2002 // Requiring workers’ compensation insurers to send an annual privacy notice to their employers is not necessary and will result in added administrative costs, insurers told regulators, during the National Association...
Insurers Praise States for Reaching Reciprocity Goal for Producer Licensing
Aug 14 2002 // State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved...
IIABA Hails NAIC State Licensing Certifications
Aug 12 2002 // The National Association of Insurance Commissioners (NAIC) preliminary determination that 35 states are in compliance with Gramm-Leach-Bliley Act (GLBA) licensing provisions is very positive news, although agents and...
AAI Characterizes NAIC Report on N.Y., N.J. Auto Costs ‘Misleading’
Jul 31 2002 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums, released last week, is “nothing more than an exercise in irrelevance and a misleading barometer of who pays...
Ohio Auto, Homeowners Rates among the Lowest in Nation
Jul 30 2002 // Ohio automobile insurance consumers continue to fair well when compared to consumers in other states according to Ohio Insurance Director Lee Covington. According to an annual survey and analysis of national automobile...
AIA Calls on NAIC Privacy Issues Working Group to Remove Proposed Amendment to Model Regulation
Jul 10 2002 // The American Insurance Association (AIA) is calling on the National Association of Insurance Commissioners (NAIC) Privacy Issues Working Group to withdraw a proposed amendment to the model privacy regulation. The proposed...
NAII Challenges Regulators to Move Personal Lines Modernization Forward
Jun 17 2002 // Insurers have called on the National Association of Insurance Commissioners (NAIC) to move forward on regulatory reform, beyond operational changes and its commercial lines’ model, by working with state legislators...
Insurers Praise NAIC’s Message to Feds on
Jun 14 2002 // The National Association of Insurance Commissioners (NAIC) sent a tough message to the Office of the Comptroller of the Currency (OCC) this week during its Functional Regulation Working Group meeting, reiterating that...
Colo. Division Receives Re-accreditation
Jun 14 2002 // The Colorado Division of Insurance has received national re-accreditation by the National Association of Insurance Commissioners (NAIC) after a review of the division’s financial examination process. The NAIC...
