Latest Naic Headlines

All the headlines from our Naic Topic Page, ordered by recency.

North Dakota Commissioner Godfread to Serve as NAIC President

Nov 22 2024 // North Dakota Insurance Commissioner Jon Godfread will serve as the president of the National Association of Insurance Commissioners (NAIC) for 2025 after serving as president-elect in 2024.As NAIC president, Godfread will...

NAIC Elects New Officers for 2025

Nov 22 2024 // At the conclusion of its fall national meeting in Denver, the National Association of Insurance Commissioners elected new officers for 2025, with North Dakota Insurance Commissioner Jon Godfread to become...

NAIC Adopts Climate Resilience Strategy to Close Coverage Gaps, Improve Recovery

Apr 11 2024 // To assist property insurers in reducing losses and speeding up recovery from natural disasters, the National Association of Insurance Commissioners’ (NAIC) adopted the first-ever National Climate Resilience Strategy...

NAIC Names Bay State Insurance Commissioner as CEO

Mar 19 2024 // The National Association of Insurance Commissioners over the weekend announced Massachusetts Insurance Commissioner Gary D. Anderson as the organization’s chief executive officer.Anderson will start leading the NAIC...

Industry Trades Applaud New FIO-NAIC Partnership on Data Collection

Mar 11 2024 // The U.S. Treasury late last week backed off a plan to have the Federal Insurance Office (FIO) collect data on climate-related risks from property/casualty insurers—an outcome that had been sought by the insurance...

Workers’ Comp Rating Bureau Working on 2024 NAIC Terrorism Risk Insurance Data Call

Feb 23 2024 // The Workers’ Compensation Insurance Rating Bureau plans to submit to the National Association of Insurance Commissioners (NAIC) insurer-specific California workers’ comp terrorism exposure data, including...

Kansas Commissioner Schmidt to Serve on Three NAIC Committees

Jan 25 2024 // Kansas Insurance Commissioner Vicki Schmidt announced that she will be serving on three committees for the National Association of Insurance Commissioners (NAIC) in 2024.Committee assignments were made at the NAIC’s...

NAIC to Ask for Data to Better Understand Property-Market Availability, Affordability

Aug 21 2023 // The National Association of Insurance Commissioners said at its Summer National Meeting that it plans to collect data from insurers in order to help insurance regulators better understand property markets, especially when...

NAIC Weighs Overriding Credit-Rating Companies

Aug 14 2023 // The National Association of Insurance Commissioners is gearing up to challenge credit graders by overruling ratings on certain assets bought by insurance companies.The NAIC, a consortium of state regulators that sets...

NAIC Releases Highly Anticipated Draft Model Bulletin on Insurers’ AI Use

Jul 28 2023 // On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released for comment a highly anticipated model bulletin (Model Bulletin) on...

Louisiana’s Donelon Elected Chair of NAIC Southeast Zone

Jan 26 2023 // Louisiana Insurance Commissioner Jim Donelon was selected to chair the National Association of Insurance Commissioners (NAIC) Southeast Zone during the organization’s Fall National Meeting.Prior to his election as...

People Moves: Ohio Dept. of Insurance Restructures Office of Legal Services; N.D. Commissioner Godfread Elected VP of NAIC

Dec 21 2022 // Ohio Department of Insurance Office of Legal Services Restructured, Fitch Named Chief Legal OfficerOhio Department of Insurance has promoted several employees in the department’s Office of Legal Services, including...

Missouri Insurance Director Lindley-Meyers Elected President of NAIC

Dec 20 2022 // Members of the National Association of Insurance Commissioners (NAIC) elected officers for 2023 this week during the closing activities of its Fall 2022 National Meeting in Tampa, FL. Missouri Department of Commerce and...

NAIC Has ‘Deep Concerns’ About FIO Bid to Collect Climate Change Data From Insurers

Dec 5 2022 // In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over a proposal to collect data on climate-related risks from...

NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers

Nov 23 2022 // In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over a proposal to collect data on climate-related risks from...

NAIC Passes Pet Insurance Model Act

Aug 17 2022 // The National Association of Insurance Commissioners (NAIC) has passed a Pet Insurance Model Act to establish appropriate regulatory standards for the growing pet insurance industry.“This model law establishes clear...

Producer License Violation Fines in Georgia, California Adopts NAIC Producer Legislation, Utah DOI Changes Address

Jun 1 2022 // This post is part of a series sponsored by AgentSync.State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with industry...

Georgia Lawmakers Adopt NAIC Rules on Group Capital, Stress Tests

Apr 7 2022 // The Georgia General Assembly this week passed a bill that adopts National Association of Insurance Commissioners’ recommendations for insurance holding companies, including calculations for group capital and a...

Insurers: NAIC’s Move to Amend Climate Disclosure Survey Too Quick

Mar 30 2022 // The National Association of Insurance Commissioners is moving to amend its climate disclosure survey – and insurers may not like it.The Climate Risk Disclosure Survey is a voluntary risk management tool for state...

Arkansas Insurance Commissioner to Chair NAIC Workers’ Comp Task Force

Jan 28 2022 // Arkansas Insurance Commissioner Alan McClain has been appointed by the National Association of Insurance Commissioners (NAIC) to serve as the Chair for the Workers’ Compensation (C) Task Force, a subgroup of the...