July 11, 2013
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
June 13, 2013
National Association of Insurance Commissioners President Jim Donelon questioned the need for a countrywide halt on approvals of captive insurance deals one day after New York’s regulator said the transactions hide risk. “I don’t see an obvious need for such …
May 31, 2013
California workers’ compensation insurers’ average return on net worth increased for the second year in a row in 2011, according to the latest National Association of Insurance Commissioners report on insurer profitability. The report shows California insurers’ 2011 return improved …
April 12, 2013
The National Association of Insurance Commissioners (NAIC) has approved the formation of an American Indian Liaison Committee to address cooperation between sovereign states and sovereign tribal nations. “The committee will provide a forum for discussion of insurance issues unique to …
March 29, 2013
U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National Association of Insurance Commissioners (NAIC) said it has signed a Memorandum of …
March 22, 2013
The Alaska Division of Insurance is offering a free app that officials say can help drivers involved in car accidents. Officials say the WreckCheck app was developed by the National Association of Insurance Commissioners. According to officials, driver can use …
March 7, 2013
A report out Thursday that details responses to a climate change survey from insurers doing business in California, Washington and New York shows many insurers are prepared to deal with today’s extreme weather events, but not longer-term “baseline changes” driven …
February 5, 2013
Connecticut Insurance Commissioner Thomas Leonardi has recently been named chairman of the International Committee of the National Association of Insurance Commissioners (NAIC).The committee’s mission is to strengthen the global regulatory system through close cooperation with international regulators and support the …
January 22, 2013
Former Nebraska Senator Ben Nelson has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), the organization for state insurance regulators and advocacy group for state-level insurance regulation. Nelson will become the organization’s chief spokesperson in …
December 21, 2012
An industry group says Texas homeowners are paying the highest insurance premiums in the country. The report was released Tuesday by the National Association of Insurance Commissioners. The Dallas Morning News reported the study is based on premiums collected in …