National Association of Insurance Commissioners (NAIC) News

Tennessee Insurance Commissioner McPeak Elected NAIC President-Elect

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak will serve in 2017 as president-elect of the National Association of Insurance Commissioners (NAIC), the nation’s insurance regulatory support organization. McPeak was recently elected to the post during the …

Wisconsin Commissioner Elected President of NAIC for 2017

Wisconsin Insurance Commissioner Ted Nickel has been elected as president of the National Association of Insurance Commissioners (NAIC). Created in 1871, the NAIC establishes standards and conducts peer reviews for insurance regulatory agencies across the nation. In addition to Nickel, …

Oklahoma, Texas Insurance Commissioners Elected to NAIC Leadership Posts

Texas Commissioner of Insurance David Mattax has been elected secretary-treasurer of the National Association of Insurance Commissioners (NAIC), and Oklahoma Insurance Commissioner John D. Doak was elected vice chair of the group’s Midwest Zone. The NAIC establishes standards and conducts …

Former Florida Commissioner McCarty Recognized for International Insurance Work

The International Association of Insurance Supervisors (IAIS) has recognized former Florida Insurance Commissioner Kevin M. McCarty for his service to international insurance regulation. McCarty is a past president of the National Association of Insurance Commissioners (NAIC) and was nominated by …

NAIC Re-Accredits Alabama Department of Insurance for 5-Year Term

The Alabama Department of Insurance (ALDOI) announced Aug. 31 that it has been re-accredited by the National Association of Insurance Commissioners (NAIC) for a 5-year term. The ALDOI received its first NAIC accreditation in 1995. “I’m very proud of our …

NAIC Drafts Changes for NFIP, Encourages Long-Term Reauthorization

The National Association of Insurance Commissioners (NAIC) has released its recommendations for changes to the National Flood Insurance Program (NFIP) when it goes up before Congress for reauthorization next year. The current NFIP is due to expire on Sept. 30, …

Tennessee Insurance Commissioner McPeak Elected as VP of NAIC

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak was elected as vice president of the National Association of Insurance Commissioners (NAIC), the nation’s insurance regulatory support organization. McPeak was elected vice president after a Feb. 7 special …

35 Insurance Consumer Representatives Named as NAIC Liaisons

The National Association of Insurance Commissioners (NAIC) recently named 35 consumer liaison representatives for 2016. The 20 funded and 15 unfunded consumer representatives began their terms Jan. 1, 2016. Funded representatives receive travel expense reimbursement from the NAIC; unfunded representatives …

Industry Reacts to McCarty Resignation, Contemplates His Next Move

Insurance industry reactions to Florida Insurance Commissioner Kevin McCarty’s decision to resign have been rolling in since the long-time state regulator announced Jan. 5 that he would step down from his position after 12 years in office. “The privilege of …

Flood, Fraud & the Florida Market: McCarty Talks Hot Insurance Topics in 2015

It was another busy year for the Florida Office of Insurance Regulation (OIR). From conducting the annual property/casualty data call and subsequent stress test of Florida property insurers, to working on the depopulation efforts of Citizens, to calling out the …