All the headlines from our Naic Topic Page, ordered by recency.
Feb 10 2003 // With a federal terrorism reinsurance backstop now in place, the industry is faced with implementing the provisions of the legislation in a timely and efficient manner. This has and will continue to require unprecedented...
Jan 24 2003 // The Credit Scoring Working Group of the National Association of Insurance Commissioners (NAIC) has adopted a list of options for states to consider when reviewing insurance credit scoring proposals as well as a consumer...
Jan 1 2003 // Pennsylvania Gov. Mark Schweiker has approved the National Association of Insurance Commissioners’ Producer Licensing Act in a move applauded by the American Insurance Association (AIA). Language concerning...
Dec 31 2002 // Governor-Elect Mark Sanford reappointed Ernst N. Csiszar as the South Carolina Director of Insurance. Csiszar was originally appointed as the Director of Insurance in 1999 under Governor Hodges’ Administration.Over...
Dec 17 2002 // Acting within hours of a request for assistance from the Federal Emergency Management Agency (FEMA), the National Association of Insurance Commissioners’ Property and Casualty Committee adopted a resolution to...
Dec 16 2002 // The success of the newly enacted federal Terrorism Risk Insurance Act hinges on how smoothly the implementation process will be for insurers faced with a number of compliance issues.Enactment of the new legislation imposes...
Dec 16 2002 // Oklahoma Insurance Commissioner Carroll Fisher is a big guy with a mission. In a recent conversation with the Insurance Journal, he spoke of his role as a voice for the industry within the National Association of Insurance...
Dec 12 2002 // The Missouri Department of Insurance (MDI) has been re-accredited for five years by the National Association of Insurance Commissioners, who certified the MDI’s work on monitoring the financial health of insurers and...
Dec 11 2002 // Arkansas Insurance Commissioner Mike Pickens, newly elected president of the National Association of Insurance Commissioners (NAIC), reported during a meeting of the Consumer Protection Working Group that the NAIC will...
Dec 10 2002 // The Alliance of American Insurers (AAI) says it is pleased with the initial steps taken by the U.S. Department of the Treasury in the implementation of the terrorism insurance legislation signed by the President...
Dec 10 2002 // Betty Patterson, senior associate commissioner in charge of the Texas Department of Insurance’s Financial Program, is one of this year’s two winners of the most prestigious award presented by the National...
Dec 9 2002 // Although the Bush Administration technically opened selected border crossings under the North American Free Trade Agreement (NAFTA) on Nov. 27, two key issues have arisen that could keep Mexican commercial vehicles from...
Nov 29 2002 // In an interim meeting this week, the National Association of Insurance Commissioners (NAIC) adopted a bulletin that outlines regulators’ expectations regarding filing of rates, policy form language and disclosure...
Sep 26 2002 // New York Gov. George Pataki has signed a bill (A.11821) to bring accounting standards for the state’s domestic insurers into compliance with the National Association of Insurance Commissioners’ (NAIC) standards...
Sep 18 2002 // A key committee of the National Association of Insurance Commissioners has agreed to expand its review of property/casualty insurance market conditions to include an analysis of the root causes of those conditions,...
Sep 18 2002 // The Hawaii Insurance Division (Division) received the National Association of Insurance Commissioners’ (NAIC) Uniform Regulation through Technology (URTT) Award after completing all 12 of the URTT initiatives.The...
Sep 12 2002 // The National Association of Independent Insurers (NAII) questioned the approach regulators are taking in formulating direction for the states on the use of insurance credit scoring.The Credit Scoring Working Group met...
Sep 11 2002 // Requiring workers’ compensation insurers to send an annual privacy notice to their employers is not necessary and will result in added administrative costs, insurers told regulators, during the National Association...
Aug 14 2002 // State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved...
Aug 12 2002 // The National Association of Insurance Commissioners (NAIC) preliminary determination that 35 states are in compliance with Gramm-Leach-Bliley Act (GLBA) licensing provisions is very positive news, although agents and...