All the headlines from our Naic Topic Page, ordered by recency.
Feb 11 2002 // The National Association of Insurance Commissioners (NAIC) received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in the...
Feb 7 2002 // The National Association of Independent Insurers (NAII) has been named to a National Association of Insurance Commissioners’ (NAIC) task force to develop an example that insurance companies can use when sending...
Jan 30 2002 // The National Association of Insurance Commissioners (NAIC) has received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in...
Jan 29 2002 // The National Association of Insurance Commissioners (NAIC) announced that the dates for its Fall National Meeting in New Orleans, La., have been changed to Sept. 9-12, 2002. The meeting will continue to be held at the New...
Jan 25 2002 // The National Association of Mutual Insurance Companies (NAMIC) recently released a statement asserting that despite concerns of over accuracy and appropriateness of information, the National Association of Insurance...
Jan 21 2002 // Warren Heck, chairman and CEO of the Greater New York Mutual Insurance Company will explain to the NAIC’s Reinsurance Task Force the more general economic problems that accompany the post-9/11 reinsurance market.Heck...
Jan 18 2002 // The National Association of Independent Insurers (NAII) has urged insurance regulators to “move with deliberation…on terrorism exclusions for personal lines” and to remain flexible when considering such...
Jan 8 2002 // According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11.The...
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
Dec 20 2001 // The National Association of Insurance Commissioners (NAIC) has begun developing a program to help states identify market conduct problems as early as possible and has adopted a proposal to make market conduct exams more...
Dec 20 2001 // The National Association of Independent Insurers (NAII) testified that privacy notification language being developed for insurers as a guideline should be identified as a “safe harbor” rather than a “best...
Dec 18 2001 // In a firm gesture that told the accounting profession to face its responsibility in annual audits of mutual companies, an NAIC committee with jurisdiction over such audits has voted to forbid indemnification of auditors by...
Dec 17 2001 // A committee of The National Association of Insurance Commissioners (NAIC) postponed adoption of model law amendments that would allow aggregate insurance company information to be released publicly, but left to state...
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the FutureThis is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth, for...
Dec 14 2001 // State insurance commissioners have advanced a model law to modernize commercial rate and form filings, with final approval possible in the spring.A working group of the National Association of Insurance Commissioners...
Dec 7 2001 // The National Association of Mutual Insurance Companies (NAMIC) will again urge the NAIC to prohibit auditor indemnification in engagements with mutual insurance companies.NAMIC’s Manager of Financial Regulation,...
Nov 16 2001 // A “precipitous increase” in proposed 2002 NAIC data-base fees compels the National Association of Mutual Insurance Companies (NAMIC) to express its “justifiable outrage” and call for restraint,...
Nov 12 2001 // The National Association of Insurance Commissioners recently adopted the Special Purpose Reinsurance Vehicle (SPRV) Model Act. The act will provide a template for states to create legislation that will enable onshore...
Nov 7 2001 // Lloyd’s is preparing to meet with representatives of the NAIC and the accounting firm Arthur Andersen to lay out the parameters for the audit of its reinsurance liabilities in conformity with the NAIC’s...
Nov 5 2001 // The National Association of Insurance Commissioners’ (NAIC) adoption of the Special Purpose Reinsurance Vehicle (SPRV) Model Act will provide a template for states to create legislation that will enable onshore...