NAIC News

What University of Washington’s Climate Risk and Insurance Summit Has in Common with Paris

It may not be a climate change summit for the ages like last year’s Paris meeting in which world leaders hashed out a historic agreement to reduce carbon emissions, but it does have two things in common with the 2015 United …

Maryland Commissioner Redmer Elected Chair of NAIC Northeast Zone

The National Association of Insurance Commissioners’ (NAIC) Northeast Zone has elected Maryland Insurance Commissioner, Al Redmer, Jr., as its new chair. Redmer succeeds Susan L. Donegan, the outgoing commissioner of the Vermont Department of Financial Regulation (DFR), who served as …

Climate Change Easy Bet to Be Hot Topic at Insurance Regulators’ Meeting

Mark down the Climate Change and Global Warming Working Group as the odds-on favorite committee to produce the most interesting chatter during the National Association of Insurance Commissioners meeting next week in The Big Easy. Climate change buzz has continued …

Tennessee Insurance Commissioner McPeak Elected as VP of NAIC

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak was elected as vice president of the National Association of Insurance Commissioners (NAIC), the nation’s insurance regulatory support organization. McPeak was elected vice president after a Feb. 7 special …

California Commissioner Explains Call for Insurer Divestment from Coal

One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal …

Tennessee Insurance Commissioner McPeak Elected as NAIC Officer

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak was elected Secretary-Treasurer of the National Association of Insurance Commissioners (NAIC). She joins the other 2016 NAIC officers elected during the NAIC’s Fall National Meeting in National Harbor, Md. …

Missouri Insurance Director Huff Elected NAIC President

Members of the National Association of Insurance Commissioners (NAIC) have elected 2016 officers who will will assume their duties on Jan. 1, 2016. President: Missouri Insurance Director John M. Huff President-Elect: Kentucky Insurance Commissioner Sharon P. Clark Vice President: Wisconsin …

Economics of Climate Change, Climate Fiction and Climate Control

With fresh news out on the global economic cost of climate change, an enticing climate fiction contest and a sweet victory for this column, it would take until Christmas to individually cover it all in a bimonthly space. So I’ll give …

Insurers Stepping Toward Greater Green Investment Footprint

This is the second of a two-part column on green bonds. The first installment focused on bond sales. Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green bonds in the last year-and-a-half, …

Video Ads Next Big Thing in Ridesharing?

James Bellefeuille is an Uber driver for a living, though he admits that what he earns is not much to live on. Yet in the new sharing economy, there’s hope for people like Bellefeuille who can bring some innovation and …