All the headlines from our Naic Topic Page, ordered by recency.
Dec 12 2006 // Members of the National Association of Insurance Commissioners have approved a $65 million operating budget for 2007.The 2007 final consolidated budget calls for $65 million in total revenue and $64.8 million in total...
Dec 12 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during last week’s winter meeting in San Antonio.Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
Dec 12 2006 // The National Association of Insurance Commissioners presented Robert Wake, staff attorney for the Maine Bureau of Insurance, with the Robert Dineen Award, the association’s most prestigious individual honor. Wake...
Dec 6 2006 // Maine Superintendent of Insurance Alessandro Iuppa has announced his intention to step down from his position effective Jan. 13, 2007.“After 20 years, including 13 in Maine, in the insurance regulatory community it...
Oct 18 2006 // The nation’s insurance regulators told the Antitrust Modernization Commission today that the McCarran-Ferguson antitrust exemption, combined with effective state insurance supervision, fosters a vibrant, competitive...
Oct 9 2006 // The New Hampshire Insurance Department was the first in the nation when it was created in 1851 with a mission to administer the state’s insurance laws. Roger Sevigny, current commissioner, was recently elected an...
Sep 20 2006 // The National Association of Insurance Commissioners (NAIC) President and Maine Insurance Superintendent Alessandro A. Iuppa told the House Finanacial Services Subcommittee panel that strong financial regulation of...
Sep 20 2006 // The National Association of Insurance Commissioners released its proposed budget for 2007. The consolidated budget calls for a projected $63.4 million in total revenue, an increase of 6.81 percent from 2006 budget levels...
Sep 11 2006 // The National Association of Insurance Commissioners announced that beginning in October its new Insurance Regulator Professional Designation Program will be available to state regulators.The program, which is the first of...
Aug 7 2006 // The National Insurance Act of 2006 would undermine key insurance consumer protections, constrict the availability of insurance, create market instability and prompt a flood of litigation, according to Leonard C. Brevik,...
Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately especially since wildfire season in particular extends through September. But the Arizona Department of Insurance...
Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately — especially since wildfire season in particular extends through September. But the Arizona Department of...
Jul 25 2006 // The National Insurance Act of 2006 would undermine key insurance consumer protections, constrict the availability of insurance, create market instability and prompt a flood of litigation, according to Leonard C. Brevik,...
Jul 24 2006 // In an abrupt departure from procedures that have been in place since World War II, the National Association of Insurance Commissioners took a first step at its recently concluded meeting in Washington, D.C., towards...
Jun 19 2006 // Question: What is the specific impact of the 2005 catastrophes on the Midwest?McRaith: There are three identifiable impacts on Midwestern residents. First, since the cost of reinsurance has gone up so significantly because...
Jun 19 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
Jun 14 2006 // In an abrupt departure from procedures that have been in place since Wold War II, the National Association of Insurance Commissioners has taken a first step towards scrapping the “full collateral” requirements...
Jun 12 2006 // Working through the National Association of Insurance Commissioners (NAIC), state insurance regulators are making progress in developing new examination standards addressing marketing and sales practices for title, life...
Jun 11 2006 // Members of the National Association of Insurance Commissioners (NAIC) unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association.The election was held at NAIC’s...
Jun 5 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...