National Association of Insurance Commissioner News

Top 20 Cyber Insurers in U.S. Including Loss Ratios: NAIC

The cyber insurance market in the U.S. grew to roughly $4.1 billion in direct written premiums in 2020, an increase of 29.1% from the prior year, reports the National Association of Insurance Commissioners (NAIC). According to the NAIC’s 2020 Cyber …

Florida’s Altmaier to Assume NAIC Presidency for 2021

The National Association of Insurance Commissioners (NAIC) will have officers for 2021. The newly-elected officers will assume their duties on Jan. 1, 2021. Members of the association of regulators elected these leaders for the new year: President: Florida Insurance Commissioner …

State Insurance Regulators Elect Maine’s Cioppa President of NAIC for 2019

State insurance regulators have elected new officers of the National Association of Insurance Commissioners (NAIC). The following officers will assume their duties on Jan. 1, 2019: President: Maine Insurance Superintendent Eric A. Cioppa. Cioppa joined the Maine regulatory bureau in …

Tennessee’s McPeak to Succeed Wisconsin’s Nickel as NAIC President in 2018

Members of the National Association of Insurance Commissioners (NAIC) elected the following officers for 2018 during the organization’s Fall 2017 national meeting. The newly-elected officers who will assume their duties on Jan. 1, 2018 are: President: Tennessee Insurance Commissioner Julie …

Missouri Insurance Director Named NAIC President-Elect

Members of the National Association of Insurance Commissioners (NAIC) have elected Missouri Insurance Director John M. Huff to fill the vacant position of the office of president-elect. The office was vacated on Jan. 20 when former Pennsylvania Insurance Commissioner Michael …

NAIC Roadshow to Tout State Regulation to U.S., Foreign Policymakers

The nation’s organization of state insurance regulators is launching an educational program to sell U.S. and foreign leaders and the public on the virtues of the 150-year old state-based insurance regulatory system. The National Association of Insurance Commissioners (NAIC) said …

Arizona Department of Insurance Licenses NAIC’s State Based Systems

The National Association of Insurance Commissioners announced that the Arizona Department of Insurance has licensed State Based Systems, an NAIC-owned and operated regulatory tool. “We are confident in the ability of SBS to help us significantly streamline our processes and …