Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Survey Points to Public Blind Eye to Fake Insurance
Dec 14 2004 // According to the General Accounting Office, the number of fake insurance policies sold to consumers is on the rise, resulting in $252 million in unpaid health insurance claims alone. According to a survey conducted by the...
NAIC Award Honors Fla. Regulator
Dec 13 2004 // Rich Robleto, director of Life and Health Product Review at the Florida Office of Insurance Regulation has received the Robert Dineen Award from the National Association of Insurance Commissioners (NAIC). The award was...
NAMIC: Scope of Change to NAIC Producer Licensing Model Should be Well Defined
Dec 13 2004 // Any solution proposed by the NAIC in response to the broker compensation issue should be targeted to a well defined problem, according to testimony submitted by the National Association of Mutual Insurance Companies...
Big ‘I’ Backs NAIC Compensation Disclosure Amendment
Dec 9 2004 // The Independent Insurance Agents & Brokers of America announced that it supports the stated goals and objectives of the National Association of Insurance Commissioners’ (NAIC) compensation disclosure amendment,...
PCI Calls for More Specific Regulatory Modernization Agenda at NAIC Meeting
Dec 8 2004 // District of Columbia Insurance Commissioner Larry Mirel responded to a request from the Property Casualty Insurers Association of America (PCI) for regulators to develop a more specific action plan for regulatory...
SERFF Use Increases Reports NAIC
Dec 7 2004 // According to the National Association of Insurance Commissioners, for the period from Jan. 1 through Nov. 30, 2004, the System for Electronic Rate and Form Filing (SERFF) has facilitated the online transmission and review...
PCI Says Revised NAIC Producer Licensing Model Makes Progress, But Still Flawed
Dec 7 2004 // One day after a lengthy hearing on its draft Producer Compensation Disclosure Amendment to the Producer Licensing Model Act, the National Association of Insurance Commissioners (NAIC) released a revised version of the...
Survey Shows Gain in Market Conduct Uniformity
Dec 6 2004 // An industry survey of property/casualty, health and life insurance companies regarding market conduct examination practices claims to demonstrate that state insurance regulators are striving to adhere to uniformity...
NAIC Elects 2005 Officers
Dec 6 2004 // The National Association of Insurance Commissioners (NAIC) elected four officers for 2005 during the NAIC Winter meeting in New Orleans, including a newly created position of president-elect to effectively serve a two-year...
NAIC Hears Testimony on Changes to Producer Licensing Model Act; Broker Disclosure a Big Concern
Dec 6 2004 // The National Association of Insurance Commissioners’ Executive Task Force on Broker Activities heard a consensus from industry and producers that while remedies were needed, the initiatives suggested so far were...
NAIC’s “Together for Literacy” Recognizes Literacy Alliance of Greater New Orleans
Dec 6 2004 // The National Association of Insurance Commissioners (NAIC) announced it named the Literacy Alliance of Greater New Orleans as the fourth recipient of the 2004 “Together for Literacy” program as part of the...
CIAB Endorses NAIC Proposed Disclosure Regulation
Dec 3 2004 // The Council of Insurance Agents & Brokers (CIAB) announced its endorsement of the National Association of Insurance Commissioners’ (NAIC) proposed regulation calling for the full disclosure and transparency of...
AAMGA Offers Feedback on Proposed Broker Disclosure Amendment to Producer Licensing Model Act
Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...
NAMIC Raises Concerns Over Proposed NAIC Broker Activities Questionnaire
Dec 2 2004 // The National Association of Mutual Insurance Companies (NAMIC) voiced its concerns about an NAIC-developed template suggested to states to query their domestic carriers about possible relationships with large brokerage...
PCI Supports NAIC Broker Disclosure Provisions, but Recommends Changes in Written Testimony
Dec 2 2004 // The Property Casualty Insurers Association of America (PCI) supports provisions of a model regulation that require insurance brokers to disclose that they are acting as a broker and to disclose all sources of compensation...
AIA Sets Multi-Issue Agenda for NAIC Meeting
Nov 23 2004 // The American Insurance Association (AIA) on Tuesday said that it has a full agenda for the upcoming National Association of Insurance Commissioners’ (NAIC) Winter Meeting. Issues of concern to AIA include the...
Speed-to-Market Seminar in January
Nov 22 2004 // To assist P/C insurers on improving speed-to-market, the Property Casualty Insurers Association of America (PCI), the National Association of Insurance Commissioners (NAIC) and InSystems are sponsoring a free seminar for...
PCI Asks Regulators to Put Caps on Budget Reserve
Nov 22 2004 // The Property Casualty Insurers Association of America (PCI) urged regulators to show budget discipline and responsibility by capping the National Association of Insurance Commissioners’ (NAIC) budget reserve at a...
Action Needed to Address State-Based Insurance Regulation
Nov 22 2004 // With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility...
NAIC Advances ’05 Budget; Vote Set for Winter Meeting
Nov 22 2004 // The National Association of Insurance Commissioners (NAIC) last week advanced its proposed 2005 budget during a public hearing and subsequent meeting of the NAIC Internal Administration (EX1) Subcommittee, both conducted...
