National Association of Insurance Commissioners News

NAIC Elects 2013 Officers; Louisiana’s Donelon Elected President

Members of the National Association of Insurance Commissioners (NAIC) has elected its 2013 officers: President: Louisiana Insurance Commissioner Jim Donelon President-Elect: North Dakota Insurance Commissioner Adam Hamm Vice President: Montana State Auditor and Commissioner of Securities and Insurance Monica J. …

State Regulators Select 20 for Insurance Consumer Program

The National Association of Insurance Commissioners (NAIC) recently named 29 consumer liaison representatives for 2013. The 20 funded and nine unfunded consumer representatives begin their terms Jan. 1, 2013. All 20 of the funded consumer representatives participated in the program …

NAIC Sets Up Consumer Call Center in Aftermath of Superstorm Sandy

State insurance regulators, working cooperatively through the National Association of Insurance Commissioners (NAIC), are coordinating efforts to assist New Jersey and other Eastern Seaboard residents in the aftermath of Superstorm Sandy. To help field calls and respond to residents’ needs, …

International Insurance Regulators Convene in Kansas City

The National Association of Insurance Commissioners (NAIC) welcomed 14 regulators from around the world for the Fall 2012 International Fellows Program in Kansas City, Mo. Participants include regulators from China, Grand Cayman Islands, India, Indonesia, Nigeria and Saudi Arabia. The …

NAIC CEO Vaughan to Step Down in 2013

Dr. Therese M. (Terri) Vaughan announced she will step down as chief executive officer of the organization of state insurance regulators, the National Association of Insurance Commissioners (NAIC), during the first quarter of 2013, a post she has held three …

California Department of Insurance Wants to be ‘Liked’

Insurance Commissioner Dave Jones and the California Department of Insurance really want you to like them. CDI now has a Facebook page. The page was launched on Thursday, and had about a dozen “Likes” as soon as the page was …

Bill To Align California With Dodd-Frank Passes Committee

The California Senate Insurance Committee passed a law regarding reinsurers that would put the state in alignment with the Dodd–Frank Wall Street Reform and Consumer Protection Act and a model law from the National Association of Insurance Commissioners. Senate Bill …

Report: California Workers’ Comp Insurers Returns Improved in 2010

After declining for four consecutive years, California workers’ compensation insurers’ return on net worth showed signs of improvement in 2010. That’s according to the data from the National Association of Insurance Commissioners, which was compiled, analyzed and released by the …

Consumer Group Charges Auto Insurers with ‘Disparate Treatment’ of Low Income Families

A consumer group on Monday issued a study that alleges “disparate treatment” of low-to moderate-income families by auto insurers nationwide. The group is asking state insurance commissioners to consider lowering minimum liability coverage requirements and creating low-income purchase programs. The …

State Insurance Regulators Name 28 Consumer Representatives

State insurance regulators have named 28 consumer representatives to advise them on insurance issues during 2012. The National Association of Insurance Commissioners (NAIC) said the 18 funded and 10 unfunded consumer representatives begin their terms Jan. 1, 2012. Fifteen of …