U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National Association of Insurance Commissioners (NAIC) said it has signed a Memorandum of …
Former Nebraska Senator Ben Nelson has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), the organization for state insurance regulators and advocacy group for state-level insurance regulation. Nelson will become the organization’s chief spokesperson in …
The National Association of Insurance Commissioners (NAIC) recently named 29 consumer liaison representatives for 2013. The 20 funded and nine unfunded consumer representatives begin their terms Jan. 1, 2013. All 20 of the funded consumer representatives participated in the program …
State insurance regulators, working cooperatively through the National Association of Insurance Commissioners (NAIC), are coordinating efforts to assist New Jersey and other Eastern Seaboard residents in the aftermath of Superstorm Sandy. To help field calls and respond to residents’ needs, …
State insurance commissioners in the U.S. have agreed to adopt a code that helps track insurers doing business in multiple countries. The National Association of Insurance Commissioners (NAIC) said it will add the Legal Entity Identifier (LEI) to insurance industry …
John M. Huff, director of the Missouri Department of Insurance, has been appointed chair of a national task force focusing on insurance regulation, the department announced. The Solvency Modernization Initiative was created by the National Association of Insurance Commissioners. Launched …
Nebraska’s top regulator says insurance producers will be among the first to benefit from the state’s implementation of a national state based online regulatory system. The Nebraska Department of Insurance announced it has completed the initial phase of implementing State …
The EU’s Solvency II regulations get most of the headlines, but there are other regulatory bodies, which are trying to modernize and harmonize the regulations for global insurance companies. Their task has been made even more difficult by the prolonged …
The California Senate Insurance Committee passed a law regarding reinsurers that would put the state in alignment with the Dodd–Frank Wall Street Reform and Consumer Protection Act and a model law from the National Association of Insurance Commissioners. Senate Bill …
California Insurance Commissioner Dave Jones on Wednesday announced that the California Department of Insurance has joined with Washington and New York to require insurers to disclose the effects of climate change on their business. The states will require all companies that …
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