National Association of Insurance Commissioners (NAIC) News

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 …

35 Insurance Consumer Representatives Named as NAIC Liaisons

The National Association of Insurance Commissioners (NAIC) recently named 35 consumer liaison representatives for 2016. The 20 funded and 15 unfunded consumer representatives began their terms Jan. 1, 2016.  Funded representatives receive travel expense reimbursement from the NAIC; unfunded representatives …

Industry Reacts to McCarty Resignation, Contemplates His Next Move

Insurance industry reactions to Florida Insurance Commissioner Kevin McCarty’s decision to resign have been rolling in since the long-time state regulator announced Jan. 5 that he would step down from his position after 12 years in office. “The privilege of …

Flood, Fraud & the Florida Market: McCarty Talks Hot Insurance Topics in 2015

It was another busy year for the Florida Office of Insurance Regulation (OIR). From conducting the annual property/casualty data call and subsequent stress test of Florida property insurers, to working on the depopulation efforts of Citizens, to calling out the …

Wisconsin Insurance Regulators Implement Electronic Filing Tool

The National Association of Insurance Commissioners (NAIC) announced the State Based Systems (SBS) implementation for Wisconsin, making it the 29th state to license SBS. SBS is an electronic filing tool created for NAIC members to increase efficiency in regulatory functions. …

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. …

TDI Actuarial Director Receives Top Award from National Insurance Commissioners Group

Texas Department of Insurance reported that Actuarial Director Mike Boerner is this year’s recipient of the Robert Dineen Award, the highest honor for a state regulator bestowed by the National Association of Insurance Commissioners (NAIC). As chair of an NAIC …

Tennessee Regulator Receives National Insurance Award

Tennessee Department of Commerce & Insurance (TDCI) Deputy Commissioner Chlora Lindley-Myers was awarded the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance. Myers received the award at the National Association of Insurance Commissioners (NAIC) …

NAIC Elects Missouri’s Huff President; Other 2016 Officers

State insurance regulators who are members of the National Association of Insurance Commissioners (NAIC) have elected 2016 officers, including Missouri Insurance Director John Huff as president. Other officers elected are President-Elect: Kentucky Insurance Commissioner Sharon P. Clark; Vice President: Wisconsin …

Ex-Senator Nelson to Exit NAIC Leadership Post

Former U.S. Senator Ben Nelson will not renew his contract as chief executive officer of the National Association of Insurance Commissioners (NAIC), the group announced. Nelson’s current term ends on Jan. 31, 2016.  He began his tenure at NAIC in …