The National Association of Insurance Commissioners (NAIC) recognized three state regulators for their contributions to state-based insurance regulation during the the NAIC’s 2017 Fall National Meeting. The NAIC presented two state department regulators with the Robert Dineen Award for Outstanding …
The incorporation of “Big Data” from Internet-based sources is a defining feature of underwriting and rating in today’s property/casualty insurance market. In light of that, the National Association of Insurance Commissioners (NAIC), through its Big Data Task Force, is exploring …
Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including premium “caps” on policy renewals for individuals, households and small businesses, according to one regulator. Charles Angell, deputy commissioner and …
