Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak, while also acknowledging the potential for a serious impact on state insurance operations, agents and policyholders. In some cases, regulators …
The number of industry-related conferences being cancelled, postponed or moved to virtual platforms in response to the coronavirus threat is growing. The Wholesale and Specialty Insurance Association (WSIA) has joined the ranks of those canceling events. Travel restrictions and corporate …
California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the nation’s largest cannabis market …
Pennsylvania Insurance Commissioner Jessica Altman has been selected for the second consecutive year to serve as chair of the Health Insurance and Managed Care Committee of the National Association of Insurance Commissioners (NAIC), the organization reported in announcing its leadership …
Delaware Insurance Commissioner Trinidad Navarro was appointed chair of the National Association of Insurance Commissioner’s Antifraud Task Force. Commissioner Navarro previously served as vice-chair of the committee and served in law enforcement for much of his career before his election …
Dean Cameron, director of the Idaho Department of Insurance, has been elected secretary-treasurer of the National Association of Insurance Commissioners. Cameron is the first Idaho Insurance Commissioner ever elected to NAIC leadership. He and his fellow NAIC leaders, elected at …
An angry Flo, an unusually sullen Jake, a less-than cheeky Gecko and a hawkish duck stood outside the National Association of Insurance Commissioners meeting in San Francisco on Thursday in protest to call out the industry for its investments in …
Most states have yet to adopt a cyber security model law for the insurance industry like the one approved by the National Association of Insurance Commissioners in 2017, but one expert believes the industry should be prepared for what he …
The National Association of Insurance Commissioners has named California Insurance Commissioner Dave Jones chair of its new Cannabis Insurance Working Group. Jones proposed that the NAIC establish this working group the NAIC’s Summer National Meeting. The reason for creating the …
As insurers try to innovate and address the rapidly changing needs of their clients, Lloyd’s of London CEO Inga Beale has a message for regulators who oversee them: “Try and keep up.” Beale, speaking May 14 during a panel discussion …
