Latest Naic Headlines

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

Lloyd’s Welcomes NAIC Proposals on Reinsurance Regulation Modernization

Dec 10 2008 //

NAIC to Examine Proposal to Modify Reinsurance Collateral Requirements

Dec 10 2008 // The National Association of Insurance Commissioners (NAIC) has adopted its Reinsurance Regulatory Modernization Framework Proposal, which modernizes U.S. state-based regulation of reinsurance.“This proposal sets...

Kansas Insurance Regulator Honored with Dineen National Award

Dec 10 2008 // The National Association of Insurance Commissioners (NAIC) honored a Kansas Insurance Department official with a national award at the NAIC’s winter meeting this month.Larry Bruning, chief actuary at department, was...

Florida Commissioner McCarty Elected Officer by Fellow Regulators

Dec 8 2008 // Florida Insurance Commissioner Kevin McCarty has been elected secretary-treasurer for the National Association of Insurance Commissioners (NAIC). Since his appointment as Florida’s insurance commissioner in 2003,...

Lloyd’s Sees NAIC’s Decision on Reinsurance Collateral ‘This Month’

Sep 16 2008 // A bulletin on the Lloyd’s web site (www.lloyds.com) notes that the National Association of Insurance Commissioners (NAIC) has confirmed it will meet “to consider the proposal to end collateral requirements...

House Subcommittee Moves Key Federal Insurance Regulation Bills

Aug 21 2008 // By Andrea WellsIn a busy month for insurance issues on Capitol Hill, the U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises marked up bills creating a federal...

Insurance Legislators to Regulators: Slow Down Market Conduct Plan

Jul 16 2008 // Naming critical concerns regarding confidentiality and authority, the National Conference of Insurance Legislators (NCOIL) advised a slowdown of a market conduct annual statement (MCAS) proposal being considered by the...

House Subcommittee Moves Key Federal Insurance Regulation Bills

Jul 10 2008 // In a big week for insurance lobbyists, a key House subcommittee advanced three major insurance regulatory measures.The U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored...

Nation’s Insurance Commissioners Search for New CEO; Weatherford Exits

Jul 7 2008 // Catherine J. Weatherford, executive vice president and CEO of the National Association of Insurance Commissioners (NAIC) for the past 12 years, confirmed reports that she will be leaving the association.Weatherford is...

State Regulators Consider Centralizing Market Conduct Reporting

Jun 16 2008 // State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies.The regulators are reviewing a proposal that would allow insurers to make one filing, as...

Special Protection

Jun 16 2008 // Consumers need a better understanding of insurance issues specific to their unique situations.Special relationships deserve protection, too. That’s the assessment of the National Association of Insurance...

State Regulators Call for More Study of Credit Scoring Use in Insurance

Jun 16 2008 // State regulators told Congress that more study of credit scoring use by insurance companies is needed to determine if the practice is unfairly discriminatory.“As state regulators, it is our sincere desire that the...

Special Protection

Jun 16 2008 // Consumers need a better understanding of insurance issues specific to their unique situations.Special relationships deserve protection, too. That’s the assessment of the National Association of Insurance...

Insurers Blast Insurance Regulators as Closed to Open Dialogue

Jun 4 2008 // The National Association of Insurance Commissioners is losing trust because it at times operates behind closed doors and is not open to dialogue with the insurance industry. That was the criticism of NAIC, as voiced by...

Survey: Nearly Half of Americans Unprepared for Disasters

Jun 3 2008 // As the nation braces for the hurricanes, wildfires, tornadoes and floods that accompany the spring and summer disaster season, nearly half of U.S. consumers are insufficiently prepared — in terms of their insurance...

State Insurance Regulators Approve Municipal Bond Credit Rating Reform

Jun 2 2008 // State insurance regulators and their National Association of Insurance Commissioners (NAIC) moved forward this weekend with a regulatory response that they hope will help the municipal bond market by reducing pressure on...

Insurance Commissioners, Fireman’s Fund Execs Address Climate Change

Jun 2 2008 // Representatives from the nation’s insurance regulator community adopted a climate change white paper at the National Association of Insurance Commissioners Summer Meeting in San Francisco on Monday, June 2, 2008. The...

NAIC: Don’t Pack Your Bags Just Yet

Jun 2 2008 // The National Association of Insurance Commissioners (NAIC) currently makes its home in America’s heartland, in Kansas City. In this age of telecommuting, videoconferencing and e-mail that works just fine. It even...

State Insurance Commissioners Donate to Calif. Children’s Charity

Jun 1 2008 // The National Association of Insurance Commissioners (NAIC) has selected San Francisco’s Edgewood Center for Children and Families as the official charity for its 2008 Summer National Meeting. This selection is part...

State Regulators Consider Centralizing Insurance Market Conduct Reporting

May 30 2008 // State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies.The regulators are reviewing a proposal that would allow insurers to make one filing, as...