Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 19 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
U.S. Regulators May Scrap Full Collateral Requirements for ‘Alien’ Reinsurers
Jun 14 2006 // In an abrupt departure from procedures that have been in place since Wold War II, the National Association of Insurance Commissioners has taken a first step towards scrapping the “full collateral” requirements...
Regulators Propose New Standards for Title Insurance and Annuity Products
Jun 12 2006 // Working through the National Association of Insurance Commissioners (NAIC), state insurance regulators are making progress in developing new examination standards addressing marketing and sales practices for title, life...
State Commissioners Elect N.H.’s Sevigny to Leadership Post
Jun 11 2006 // Members of the National Association of Insurance Commissioners (NAIC) unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association. The election was held at NAIC’s...
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 5 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
States promise quicker insurance product, filing approval under new system with Interstate Compact
Jun 5 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
States Promise Quicker Insurance Product Approvals Under New System
May 26 2006 // State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of...
National Asssociation of Insurance Commissioners to Hold Interim Election to Replace Secretary-Treasurer
May 24 2006 // The National Association of Insurance Commissioners (NAIC) will hold an interim election at its Summer National Meeting to fill a vacancy left by the retirement of Secretary-Treasurer Eric Serna, who was also...
Critics allege wind modelers following politics over science
May 8 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Critics allege wind modelers following politics over science
May 8 2006 // News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...
Critics allege wind modelers following politics over science
May 8 2006 // News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...
Regulators to Hold Hearing on Model Audit Rule Amendments, May 11
Apr 20 2006 // The National Association of Insurance Commissioners will hold a public hearing on May 11th in Atlanta to consider amendments to the NAIC’s Model Rule Requiring Annual Audited Financial Reports, also known as the...
Critics allege wind modelers following politics over science
Apr 17 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Risk Management
Apr 17 2006 // Call for stepped-up regulation of third-parties providing hurricane rating and credit scoring data Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the...
Critics allege wind modelers influenced by insurers
Apr 17 2006 // News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and are designed to justify...
Critics allege hurricane risk modelers influenced by insurers
Apr 17 2006 // News Currents Risk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they...
NAIC President Says International Cooperation Key to Regulation of Global Financial Markets
Apr 11 2006 // Speaking to an international group of officials from the insurance and finance sector, the National Association of Insurance Commissioners’ President Alessandro Iuppa delivered the keynote address at the 22nd Progres...
Consumer Groups Allege Insurance Wind Models More Politics Than Science
Apr 6 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Zurich agents caught in compensation disclosure web
Apr 3 2006 // Independent agents representing Zurich Insurance in the U.S. will have to disclose their income before binding any commercial lines policies for Zurich and some Zurich agents may be denied contingency compensation under...
The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and
Apr 3 2006 // outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two...