Latest Naic Headlines
All the headlines from our Naic Topic Page, ordered by recency.
AIA’s Endorsement of Optional Federal Charter Plan Prompts Flurry of Responses from Associations
Jul 30 2001 // In an announcement released July 17, the American Insurance Association (AIA) Board of Directors stated that it has formally endorsed draft legislation that would establish an optional federal chartering structure designed...
NAIC Objects to Antifraud Bill’s GAO Audit Provision
Jul 30 2001 // On behalf of the nation’s insurance commissioners, NAIC President and Kansas Insurance Commissioner Kathleen Sebelius is urging Congress to remove a provision from H.R. 1408, the Financial Services Antifraud Network...
NAMIC Urges State Legislators to Introduce Insurance Compliance Self-Evaluative Privilege Model Act
Jul 12 2001 // The National Association of Mutual Insurance Companies (NAMIC) encouraged the National Conference of Insurance Legislators (NCOIL) to introduce its Insurance Compliance Self-Evaluative Privilege Model Act in state...
Mo. Adopts NAIC Privacy Model Without Health, Workers’ Comp Provisions
Jul 9 2001 // The Missouri Insurance Department has adopted an emergency consumer privacy regulation containing a third party claimant provision but excluding health and workers’ compensation insurance. National Association of...
CDI to Join NAIC Midwest Zone Continuing Education Reciprocity Project
Jul 6 2001 // The California Department of Insurance (CDI) filed a request to be a part of the National Association of Insurance Commissioners’ (NAIC) Midwest Zone Continuing Education Reciprocity Project. The CDI stated that it...
NAII Points to Rate Regulation, Repair Costs as Major Factors in Average Auto Premium Results
Jun 29 2001 // According to the National Association of Independent Insurers (NAII), a state’s rating law plays a significant role in what people pay for auto insurance, Consumers in states with more regulation pay higher premiums...
Wash. Commissioner Earns National Accreditation for State Agency
Jun 20 2001 // Accreditation has been restored to the Washington State Office of the Insurance Commissioner (OIC). The announcement was made at the quarterly meeting of the National Association of Insurance Commissioners (NAIC) in New...
NARAB Requirement for Licensing Reciprocity Surpassed
Jun 14 2001 // The 29-state NARAB requirement for licensing reciprocity has been surpassed, the National Association of Insurance Commissioners (NAIC) announced at the Summer National Meeting in New Orleans. To date, 35 state...
Washington Regains NAIC Solvency Accreditation By Richard Rambeck
Jun 13 2001 // Washington is again accredited by the National Association of Insurance Commissioners to monitor the solvency of insurers. State Insurance Commissioner Mike Kreidler said regaining accreditation was his top priority when...
NAMIC Details Efforts to Modernize State Regulation at NAIC Meeting
Jun 12 2001 // The National Association of Mutual Insurance Companies (NAMIC) did much more than detail its actions to achieve regulatory modernization at the state level to insurance regulators meeting in New Orleans last...
NAIC Commences Summer Meeting in New Orleans
Jun 8 2001 // The National Association of Insurance Commissioners (NAIC) will hold its Summer National Meeting in New Orleans, La., this weekend. After considerable deliberation, the Meetings Coordination Task Force decided against...
NAII Says Some NAIC Market Conduct Proposals Hit the Mark, Others Need Clarification
Jun 5 2001 // According to the National Association of Independent Insurers (NAII), the National Association of Insurance Commissioners’ (NAIC) proposals to improve the market conduct process for insurance companies meet the goals...
Thieves Won’t Be Deterred by ‘Anti-Frankel’ Rule, NAMIC Suggests
May 23 2001 // While the National Association of Mutual Insurance Companies (NAMIC) supports the efforts of the National Association of Insurance Commissioners (NAIC) to simplify its “anti-Frankel” rule to prevent theft from...
Kreidler Tells IIABW He Will Create Responsive Regulatory Body
Feb 26 2001 // Washington’s new Insurance Commissioner gave the Independent Insurance Agents & Brokers of Washington something to hope for at the IIABW Legislative Day in Olympia on Jan. 31. Bill Stauffacher, IIABW lobbyist,...
States Strive for Consistency in Complying with New Privacy Provisions
Feb 26 2001 // The 2001 state legislative sessions are off and running. Among the more pressing challenges this year for a number of insurance commissioners and lawmakers is reaching compliance with the privacy provisions of the...
Full Speed to Market Initiatives Underway in 2001
Feb 12 2001 // The National Association of Insurance Commissioners announced today that Alabama, Arkansas, Indiana and Ohio will join the previously named states of Maine, Michigan, New York, Oregon, Pennsylvania and Texas for the...
NAPSLO Legislative Report: Surplus Lines Issues Covered at NAIC Meeting
Feb 12 2001 // NAPSLO Legislative Report: Surplus Lines Issues Covered at NAIC Meeting With the end of the year 2000 state legislative sessions and the U.S. Congress winding down its post-election lame duck session, legislative activity...
NAIC Names Beal General Counsel
Feb 7 2001 // Andrew Beal has been named general counsel for the National Association of Insurance Commissioners. Beal has been serving as acting general counsel since September and has served as senior counsel since 1999. Prior to his...
NAIC Considers Action on OSHA Ergonomics Program
Jan 15 2001 // The National Association of Insurance Commissioners Workers’ Compensation Task Force met in an executive session conference call Friday to consider what action, if any, to take regarding the proposed Occupational...
Former NAIC President Nichols to Join New
Dec 21 2000 // New York Life Insurance Company announced today that George Nichols, III, the former Kentucky insurance commissioner and immediate past president of the National Association of Insurance Commissioners, will join the...
