All the headlines from our Naic Topic Page, ordered by recency.
Apr 8 2005 // The National Association of Insurance Commissioners has formed a working group to examine issues with the National Flood Insurance Program in light of Hurricane Isabel complaints and experiences with other recent storms by...
Apr 4 2005 // Was it Colonel ChoicePoint in the Conservatory With a Knife?When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states,...
Mar 28 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it has sent a letter to NAIC President Diane Koken, who also serves as chair of the executive task force on broker activities, to reaffirm its view of the...
Mar 16 2005 // A single point of entry for access to insurance information, services and tools for consumers, regulators and industry is now available on the National Portal for Insurance Regulatory Information on the National...
Mar 15 2005 // The National Association of Insurance Commissioners recently named its funded consumer liaison representatives for 2005. Established in 1992, the program promotes consumer representation and interaction with NAIC members,...
Mar 14 2005 // “State legislators are right to challenge an NAIC initiative that would impose sweeping federal requirements designed to protect stockholders on privately held insurance companies,” according to an official of...
Mar 8 2005 // National Association of Mutual Insurance Companies (NAMIC) testimony convinced state insurance legislators to object to the application of Sarbanes-Oxley to mutual insurers and to not adopt a loss history database model...
Mar 7 2005 // Under Pressure from AG Blumenthal and Critics, Regulator Sticks to Consensus ApproachI’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to...
Feb 28 2005 // Legislators will examine options to address broker compensation and disclosure concerns during a National Conference of Insurance Legislators’ general session scheduled March 5 in Hilton Head, N.C.. The discussion,...
Feb 16 2005 // The nickname probably won’t be showing up anytime soon on the state’s license plates but Pennsylvania could be the Land of Stable Insurance Markets.Not that things are perfect but, according to Insurance...
Feb 11 2005 // The National Association of Insurance Commissioners (NAIC) announced that the second installment of a 2004 fixed fee assessment for the NAIC’s Securities Valuation Office (“SVO”) will be waived. The...
Feb 9 2005 // A spokesman for the Property Casualty Insurers Association of America told a National Association of Insurance Commissioners panel today in Orlando that a proposal to apply new requirements based on the Sarbanes-Oxley law...
Feb 8 2005 // A National Association of Insurance Commissioners panel this week will begin to discuss whether costly new audit measures based on the federal Sarbanes-Oxley (SOX) law should be imposed on non-public insurers despite...
Jan 28 2005 // The National Association of Insurance Commissioners (NAIC) is now featuring an online insurance fraud reporting system on the association’s Web site, http://www.naic.org/.The online fraud reporting system –...
Jan 24 2005 // Redwood City, Calif.-based ABD Insurance and Financial Services hired Tony Casabat as senior vice president/sales executive for the company’s Employee Benefits practice. Casabat, a longtime lead sales and client...
Jan 20 2005 // National Association of Insurance Commissioners efforts to address concerns surrounding broker compensation continue to be over-broad, going beyond the single problem that has been defined, according to comments filed...
Jan 20 2005 // The Property Casualty Insurers Association of America has issued a bulletin indicating that it has some “significant doubts” concerning the NAIC’s proposed inclusion of disclosure duties on agents.The PCI...
Jan 6 2005 // The National Association of Professional Insurance Agents reiterated its opposition to the version of a compensation disclosure model law that was passed by a vote of 30-15 (with three abstentions) on Dec. 29, 2004, by the...
Jan 3 2005 // The Independent Insurance Agents & Brokers of New York Inc. recently announced the addition of three new staff members. Kathleen A. Lawler is IIABNY’s new director of education, Bruce H. Barry fills the newly...
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers.The Indep-endent Insurance Agents &...