November 16, 2018
Mel Anderson, deputy commissioner at the Arkansas Insurance Department (AID), has received the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners (NAIC). A 20-year veteran of the …
July 27, 2018
Texas insurance regulators have responded to insurer requests for revisions to its standards for catastrophe data calls and is seeking input on the proposed changes. The Texas Department of Insurance said following Hurricanes Ike and Harvey, insurers participating in data …
May 21, 2018
Lloyd’s of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at a recent meeting of U.S. regulators in Washington, D.C. “We’re just working through the final regulatory aspects …
December 4, 2017
The National Association of Insurance Commissioners (NAIC) has voted to re-accredit the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) for a full five years. This is the highest recommendation level from the NAIC’s Financial Regulation Standards and …
May 15, 2017
South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance Commissioners During a Plenary meeting by members, effective immediately. Farmer is replacing former Texas Insurance Commissioner David Mattax, who passed …
May 11, 2017
The incorporation of “Big Data” from Internet-based sources is a defining feature of underwriting and rating in today’s property/casualty insurance market. In light of that, the National Association of Insurance Commissioners (NAIC), through its Big Data Task Force, is exploring …
January 25, 2017
Arkansas has lower auto insurance rates than the neighboring states of Louisiana, Oklahoma and Texas, the state insurance department reported. The Arkansas Insurance Department says a study by the National Association of Insurance Commissioners (NAIC) shows auto insurance rates in …
January 19, 2017
Arkansas Insurance Commissioner Allen Kerr has been named vice-chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC). In a statement released by the Arkansas Insurance Department, Kerr said he is “honored …
December 19, 2016
The recent passage of consumer protection legislation provides the Ohio Department of Insurance with better, more common sense tools when it comes to evaluating the financial health of Ohio’s insurance industry, according to Lt. Governor Mary Taylor. Taylor also serves …
December 16, 2016
Louisiana Department of Insurance Chief Actuary Rich Piazza has been awarded the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance by the National Association of Insurance Commissioners (NAIC). The award honors a staff member …