All the headlines from our Naic Topic Page, ordered by recency.
Nov 17 2003 // Insurance industry representatives are once again unhappy with a proposed budget of the National Association of Insurance Commissioners (NAIC), the quasi-governmental body that collects insurers’ annual financial...
Nov 7 2003 // Former Independent Insurance Agents & Brokers of America (IIABA) President Tom Ahart and Ronnie Tubertini, chairman of IIABA’s Government Affairs Committee, on Thursday provided their perspectives on the current...
Nov 7 2003 // Arkansas Insurance Commissioner Mike Pickens told members of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises that regulating the business of insurance is a function of the states,...
Nov 5 2003 // The Alliance of American Insurers this week urged the National Association of Insurance Commissioners (NAIC) to show they are serious about modernizing state regulation by reducing the monies they are collecting from...
Oct 24 2003 // Two major property/casualty trade associations have expressed serious concerns about a large surplus in the National Association of Insurance Commissioners’ (NAIC) proposed 2004 budget.For the three-year period...
Oct 13 2003 // A recently released General Accounting Office’s (GAO) report identified the need for states to develop uniform market conduct oversight programs that include all states and a program to encourage adoption of these...
Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...
Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...
Sep 22 2003 // When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned to...
Sep 22 2003 // When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned to...
Sep 22 2003 // The National Association of Insurance Commissioners (NAIC) released its proposed budget for the year 2004 during its Fall National Meeting and announced a public hearing to discuss the budget via a conference call...
Sep 18 2003 // In a 6-4 vote Sept. 17, the National Association of Insurance Commissioners (NAIC) top-level Financial Condition (E)Committee gave a tentative endorsement to allowing securities broker-dealers to function additionally as...
Aug 26 2003 // The National Association of Mutual Insurance Companies (NAMIC) has asked the National Association of Insurance Commissioners (NAIC) not to increase the Risk Based Capital (RBC) risk factor for property/casualty...
Aug 1 2003 // Arkansas Insurance Commissioner Mike Pickens announced the existence of a lower auto rate in Arkansas than in all surrounding states, with Tennessee being the state of exception.Arkansas ranked 33rd in 2001 for the average...
Jul 30 2003 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums is “at best a misleading barometer of who pays how much for car insurance in New Jersey,” according to...
Jun 25 2003 // The National Conference of Insurance Legislators (NCOIL) leadership said before the Executive Committee of the National Association of Insurance Commissioners (NAIC) that after more than four years of examination, NCOIL...
Jun 24 2003 // In testimony over the weekend during the National Association of Insurance Commissioner’s (NAIC) summer meeting, the American Insurance Association (AIA) supported the continued availability of mandatory pre-dispute...
Jun 17 2003 // The property/casualty industry voiced its “strongest objections” to any decision by the National Association of Insurance Commissioners (NAIC) to extend the annual statement data collection parameters of their...
Jun 11 2003 // The four property/casualty trade associations, joined by a workers’ compensation and a reinsurance association, have joined together to ask the National Association of Insurance Commissioners (NAIC) to reject any...
May 15 2003 // The adoption Wednesday of an asbestos resolution by the National Association of Insurance Commissioners will reportedly give insurers and other parties seeking to rein in runaway litigation costs an important arrow in...