Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Lawsky: Regulators’ Stance on Life Insurers’ Captives Leaves Gaping Problem
Aug 14 2014 // New York’s financial-services regulator told fellow watchdogs they are failing to address a “gaping regulatory problem” that he said allows life insurers to artificially inflate reserves. There should be...
NAIC Hiring Consultant to Review Its Decision-Making, Governance
Jul 21 2014 // The national organization for state insurance regulators, which has been telling federal and international regulators how they should govern the industry, has decided to engage a consultant to audit its own governance and...
NAIC Roadshow to Tout State Regulation to U.S., Foreign Policymakers
Jul 16 2014 // 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...
NAIC Hiring Consultant to Review Its Decision-Making, Governance
Jul 15 2014 // The national organization for state insurance regulators, which has been telling federal and international regulators how they should govern the industry, has decided to engage a consultant to audit its own governance and...
U.S. Insurance Regulators May Refuse to Apply Global Capital Rules: NAIC President-Elect Lindeen
Jun 25 2014 // The United States may refuse to apply new global capital rules in the world’s biggest insurance market because of the “breakneck speed” they are being pushed through, American regulators said on...
Look Beyond Salary
Jun 16 2014 // Many Americans who leave their jobs to improve their financial situation fail to consider their total compensation package when making the decision, according to a consumer survey. The survey by the National Association of...
Insurance Regulators to Job-Switchers: Look Beyond Salary
Jun 4 2014 // Many Americans who leave their jobs to improve their financial situation fail to consider their total compensation package when making the decision, according to a consumer survey. The survey by the National Association of...
Arizona Department of Insurance Licenses NAIC’s State Based Systems
Apr 28 2014 // 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...
Oklahoma Commissioner to Seek NAIC Investment in Emergency Response Vehicles
Mar 27 2014 // Oklahoma Insurance Commissioner John D. Doak announced that he intends to ask the National Association of Insurance Commissioners (NAIC) to invest in Shared Emergency Response Vehicles (SERVEs) for education and disaster...
FSOC’s Insurance Expert Woodall Approved As International Regulatory Observer
Feb 18 2014 // Roy Woodall, the insurance sector voting member of the Financial Stability Oversight Council, will finally be getting involved in the International Association of Insurance Supervisors (IAIS) but as an observer, not a...
NAIC’s First Step Toward Openness, Transparency
Feb 10 2014 // As an advocate for a reformed system of state insurance regulation, the National Association of Mutual Insurance Companies (NAMIC) recognizes the key role played by the National Association of Insurance Commissioners...
State v. Federal Regulation Debate a ‘Relic,’ Says FIO Chief McRaith
Feb 6 2014 // The state versus federal oversight discussion is a “binary debate” that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO Director...
Missouri Insurance Regulator Heese Receives NAIC Award
Jan 2 2014 // The National Association of Insurance Commissioners (NAIC) presented Fred Heese, director of the Missouri Division of Insurance Company Regulation and the state’s chief financial examiner, with the Robert Dineen...
How Insurance Industry Associations Help Those in Need
Dec 16 2013 // Big “I” member agents, along with former Washington Redskins quarterback Joe Theismann, at a Make-A-Wish event on April 21, 2013, at Pfitzner Stadium in Woodbridge, Va., to benefit local children. Big...
NAIC: Alaska Implements SBS
Nov 18 2013 // Alaska has implemented the State Based Systems, an electronic system owned by the National Association of Insurance Commissioners, it was announced in November. The purpose of NAIC’s SBS initiative is to provide a...
NAIC: Alaska Implements SBS
Nov 5 2013 // Alaska has implemented the State Based Systems, an electronic system owned by the National Association of Insurance Commissioners, it was announced on Monday. The purpose of NAIC’s SBS initiative is to provide a...
What to Know About NARAB or National Producer Licensing: Bissett of Big ‘I’
Oct 3 2013 // If and when the federal government resumes operations, a multistate producer licensing reform bill long pushed by the country’s insurance agent lobby could be among the few bipartisan pieces of business Congress...
NAIC Accepting Consumer Liaison Applications
Aug 26 2013 // The National Association of Insurance Commissioners (NAIC) is currently accepting applications for the 2014 Consumer Liaison Program. The Consumer Liaison Program gives individuals who are qualified consumer...
Insurers, Customers Were Kept Safe from 2008 Financial Crisis: GAO Report
Jul 30 2013 // At a time when efforts are underway to require additional supervision of some large insurers, a new government report concludes that the insurance industry’s own practices and the policies of state and federal...
Conn.-Based Insurers Now Required to Participate in NAIC Climate Risk Surveys
Jul 17 2013 // Connecticut Insurance Commissioner Thomas Leonardi today announced that Connecticut-based insurance companies will now be required to complete the annual Climate Risk Survey that was initially adopted in 2009 as a...
