Latest Naic Headlines

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

States promise quicker insurance product, filing approval under new system with Interstate Compact

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...

States Promise Quicker Insurance Product Approvals Under New System

May 26 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...

National Asssociation of Insurance Commissioners to Hold Interim Election to Replace Secretary-Treasurer

May 24 2006 // The National Association of Insurance Commissioners (NAIC) will hold an interim election at its Summer National Meeting to fill a vacancy left by the retirement of Secretary-Treasurer Eric Serna, who was also...

Critics allege wind modelers following politics over science

May 8 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...

Critics allege wind modelers following politics over science

May 8 2006 // News CurrentsRisk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...

Critics allege wind modelers following politics over science

May 8 2006 // News CurrentsRisk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...

Regulators to Hold Hearing on Model Audit Rule Amendments, May 11

Apr 20 2006 // The National Association of Insurance Commissioners will hold a public hearing on May 11th in Atlanta to consider amendments to the NAIC’s Model Rule Requiring Annual Audited Financial Reports, also known as the...

Critics allege wind modelers following politics over science

Apr 17 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...

Risk Management

Apr 17 2006 // Call for stepped-up regulation of third-parties providing hurricane rating and credit scoring dataRisk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the...

Critics allege wind modelers influenced by insurers

Apr 17 2006 // News CurrentsRisk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and are designed to justify...

Critics allege hurricane risk modelers influenced by insurers

Apr 17 2006 // News CurrentsRisk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they are...

NAIC President Says International Cooperation Key to Regulation of Global Financial Markets

Apr 11 2006 // Speaking to an international group of officials from the insurance and finance sector, the National Association of Insurance Commissioners’ President Alessandro Iuppa delivered the keynote address at the 22nd Progres...

Consumer Groups Allege Insurance Wind Models More Politics Than Science

Apr 6 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...

Zurich agents caught in compensation disclosure web

Apr 3 2006 // Independent agents representing Zurich Insurance in the U.S. will have to disclose their income before binding any commercial lines policies for Zurich and some Zurich agents may be denied contingency compensation under...

The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and

Apr 3 2006 // outlines any contingency compensation arrangements.News Currents Zurich agents caught in compensation disclosure webInsurer agrees to nationwide compensation disclosure along with payments of $325 million in two...

Regulators Launch Consumer Insurance Education Program

Mar 28 2006 // The National Association of Insurance Commissioners today launched a comprehensive public education program to assist consumers with information about insurance issues. Under the banner of Insure U, the campaign has two...

National Association of Insurance Commissioners

Mar 19 2006 // The Antifraud Task Force cited the need for a uniform database that would allow state authorities to track vehicles damaged by floods.Federal Bureau of Investigation targeting insurance fraud Agent reports to insurance...

Regulators Adopt Model Criminal History Record Check

Mar 17 2006 // The National Association of Insurance Commissioners’ (NAIC) Market Regulation & Consumer Affairs (D) Committee recently adopted the Authorization for Criminal History Record Check Model Act during the NAIC...

Regulators Establish Task Force on Climate Change

Mar 14 2006 // The National Association of Insurance Commissioners (NAIC) voted unanimously last week at its quarterly meeting in Orlando, Fla., to establish a task force to examine the impact of climate change on the U.S. insurance...

Lloyd’s Welcomes NAIC Review of U. S. Collateral Requirements

Mar 10 2006 // Lloyd’s Chairman Lord Peter Levene may finally get his wish, as U.S. insurance regulators have instructed a National Association of Insurance Commissioners (NAIC) task force to examine options for a reform of the...