Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
Feds, Regulators, Congress Eye the Future of Credit Rating Agencies
Sep 21 2009 // The nation’s insurance regulators, Congress and the SEC have eyes on credit rating agencies and the standards they must follow in the future. The National Association of Insurance Commissioners (NAIC) said it will...
Text: Senate Finance Committee’s America’s Healthy Future Act of 2009
Sep 16 2009 // Chairman’s Mark America’s Healthy Future Act of 2009 Scheduled for Markup By the Senate Committee on Finance On September 22, 2009 America’s Healthy Future Act of 2009 TITLE I—HEALTH CARE...
Insurance Regulators Vow to Examine Role of Credit Rating Agencies
Sep 9 2009 // The nation’s insurance regulators are looking into the role that credit rating agencies play in the insurance regulatory system. The National Association of Insurance Commissioners (NAIC) said it will hold a public...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Sep 7 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
States Give ‘Thumbs Up’ to Fingerprinting Insurance Producers
Aug 21 2009 // Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be drunk drivers, robbers, forgers, possibly even rapists. They got their producer licenses in...
Ohio Personal Lines Premiums Remain Lower than U.S. Average
Aug 5 2009 // The Ohio Insurance Institute (OII) recently reported that premiums for homeowners and auto insurance in that state remain lower than the U.S. average. On its Web site, www.ohioinsurance.org, the OII released the following...
States Dispute Article Questioning AIG Insurance Units’ Finances
Aug 3 2009 // State insurance regulators are criticizing a New York Times article that reported that insurance subsidiaries of American International Group, Inc. “show signs of considerable weakness” and that called into...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Aug 3 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
South Carolina Chief Refutes Legislative Audit Critical of Some Insurance Department Work
Jul 20 2009 // A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good job regulating insurance companies and their rates but it could do a better job of...
South Carolina Insurance Chief Faults Legislative Audit of Department
Jul 6 2009 // A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good job regulating insurance companies and their rates but it could do a better job of...
National Insurance Producer Licensing Bill Reintroduced in Congress
May 22 2009 // Federal legislation designed to streamline licensing for insurance agents and brokers operating in multiple states has been reintroduced in Congress. The legislation (HR 2554), the National Association of Registered Agents...
As Credit Scores Fall, Criticism of Insurers’ Credit Scoring Rises
May 4 2009 // Consumer Advocates Focus on How Insurers Treat Insureds in Difficult Economic, Credit Climate With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their...
Liaisons Highlight Consumer Insurance Concerns
Apr 6 2009 // Consumer Advocates Focus on How Insurers Treat Insureds in Difficult Economic, Credit Climate Insurance agents, brokers and regulators should be aware that when it comes to insurance, consumers are concerned with such...
Sonnichsen to be Chief Contact in D.C. on State Insurance Regulation
Mar 27 2009 // The National Association of Insurance Commissioners (NAIC) has named Ethan Sonnichsen as Government Relations director. Sonnichsen previously served as Government Relations manager. In his new position, Sonnichsen is...
As Credit Scores Fall, Criticism of Insurers’ Credit Scoring Rises
Mar 23 2009 // With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers...
How Consumer Reps Feel About Internet Sales, State Regulation
Mar 23 2009 // Consumer Advisors See Pros and Cons to Internet; Role of Independent Agent Clouded By Commissions Insurance Journal spoke with some of the National Association of Insurance Commissioners (NAIC) consumer liaisons and found...
Insurers’ Use of Credit Scores Faces Renewed Scrutiny by Regulators
Mar 17 2009 // The National Association of Insurance Commissioners (NAIC) has adopted a proposal to review the use of credit-based insurance scoring. The NAIC said it will convene a public hearing to take testimony on how the insurance...
Texas Insurer Group Takes Issue with NAIC Homeowner Report
Mar 4 2009 // The National Association of Insurance Commissioner recently issued its annual report on homeowners insurance. The report, based on figures from 2006, the latest year from which data is available, ranks Texas as having the...
People
Feb 8 2009 // Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J....
Change and Protect
Feb 8 2009 // Change is coming to Washington and to the National Association of Insurance Commissioners, but hopefully it’s change that will protect the status quo when it comes to insurance regulation. Last spring, the editors at...
