Latest Naic Headlines

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

NAIC Conference Call Places State Insurance Investigations on Hold

Nov 8 2004 // State insurance commissioners in the southeast and across the United States consulted in a conference call the week after New York Attorney Gen-eral Eliot Spitzer made allegations of rigged bids and price-fixing among...

NAIC Task Force of 13 States to Lead Broker Investigations, Develop Model Disclosure Law

Nov 2 2004 // The National Association of Insurance Commissioners (NAIC) announced that it has recently formed the NAIC Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal...

Maryland Receives NAIC Accreditation

Oct 22 2004 // The Maryland Insurance Administration received an accreditation award under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program at the 2004 NAIC fall...

NAIC Conference Call Places State Insurance Investigations On Hold

Oct 21 2004 // State insurance commissioners in the southeast and across the U.S. consulted with each other during a conference call and will soon form a steering committee to coordinate a multi-state effort to investigate whether or not...

N.Y.’s Serio Defends States as Federal Oversight Debate Begins

Oct 11 2004 // State insurance commissioners stood their ground last month at hearings in Washington where they opposed an expanded federal role in insurance regulation and withstood a withering attack on their performance from a leading...

People & Places

Oct 11 2004 // Texas Mutual Insurance Company announced that Mike Barron is the company’s new senior vice president of financial services. Barron is a certified public accountant with over 30 years of experience in finance.Barron...

Kan. Commissioner Lands NAIC Post

Oct 6 2004 // Kansas Insurance Commissioner Sandy Praeger has been appointed to the National Association of Insurance Commissioners‘ Internal Administration Subcommittee. The subcommittee is responsible for monitoring the...

NAIC Releases 2005 Budget; Expenses Cut by $1.8M

Oct 5 2004 // The National Association of Insurance Commissioners (NAIC) has released its proposed budget for 2005 and announced a public hearing to discuss the budget via a conference call, scheduled for Nov. 17,...

N.J. Maintains Top Auto Insurance Premium Figures Reflect Years of ‘Suffering’ Before 2003 Reforms

Oct 1 2004 // New Jersey Banking and Insurance Commissioner Holly C. Bakke wasted little time in putting the latest numbers showing the state with the highest average auto insurance premium — $1,113 — in perspective.Those numbers...

NAIC Adopts Amendments to Medicare Model Law

Sep 27 2004 // The National Association of Insurance Commissioners (NAIC) has adopted amendments to its Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act to make it compliant with the...

On Behalf of State Regulators, N.Y. Superintendent Serio Speaks Out Against Federal Oversight

Sep 22 2004 // Claiming that progress is already underway toward building a stronger, national, state-based system of insurance regulation, the National Association of Insurance Commissioners (NAIC) told the Senate Committee on Banking,...

NAIC Adopts Market Conduct Surveillance Model Law

Sep 14 2004 // The National Association of Insurance Commissioners has adopted a model law regarding how the states coordinate market conduct surveillance. It is based on a version recently put forth by the National Conference of...

Koken Named NAIC President; Ario Elected VP

Sep 13 2004 // Members of the National Association of Insurance Commissioners (NAIC) have elected a slate of three new officers in interim elections held during the 2004 NAIC Fall National Meeting. Pennsylvania Insurance Commissioner...

SERFF Use Rises, Says NAIC

Sep 12 2004 // Filings submitted through the System for Electronic Rate and Form Filing (SERFF) continue at a record pace in 2004, highlighted by the more than 16,500 filings submitted during the month of August, the most ever submitted...

NAMIC Targets Corporate Governance, Market Conduct, Securities Ratings, and Credit Scoring at NAIC Meeting

Sep 8 2004 // The National Association of Mutual Insurance Companies (NAMIC) will advocate its positions on corporate governance, market conduct, securities ratings, and credit scoring during the National Association of Insurance...

N.D. Commissioner Resigns From NAIC

Sep 7 2004 // North Dakota Insurance Commissioner Jim Poolman last week resigned from his position as vice president of the National Association of Insurance Commissioners (NAIC). He was in line to become president of the organization...

PCI: Current Market Conduct Model Falls Short of Reform Goal

Sep 7 2004 // True reform of the current market conduct examination process will not be achieved by amendments suggested by regulators and adopted by the National Conference of Insurance Legislators (NCOIL) to its own Market Conduct...

NCOIL Accepts NAIC Changes to Market Conduct Model

Sep 6 2004 // Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) at its summer meeting in Chicago accepted most...

NCOIL Accepts NAIC Changes to Market Conduct Model

Aug 23 2004 // Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) accepted most of the changes to its market...

NCOIL Accepts NAIC Changes to Market Conduct Model

Aug 23 2004 // Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) accepted most of the changes to its market...