National Association of Insurance Commissioners (NAIC) News

State Insurance Commissioners Vow to Probe Role of Race in Insurance

The nation’s state insurance commissioner said they are forming a special committee to address issues of race in insurance including the level of diversity in the industry and insurance product design and pricing practices that disadvantage minorities. “It is the …

Tennessee Insurance Head McPeak Steps Down; Lawrence Tapped as Interim Chief

After eight years as the head of the Tennessee Department of Commerce & Insurance (TDCI), Commissioner Julie Mix McPeak is leaving Tennessee state government in order to pursue career opportunities in the private sector, according to a statement from TDCI. …

Florida Insurance Commissioner Altmaier Elected VP of the NAIC

Florida Insurance Commissioner David Altmaier has been elected by members of the National Association of Insurance Commissioners (NAIC) to serve as vice president of the organization, effective immediately. Altmaier joins other 2019 NAIC officers including: NAIC President and Maine Insurance …

N.D. Insurance Commissioner Named to National Air Ambulance Panel

North Dakota Insurance Commissioner Jon Godfread has been nominated by the National Association of Insurance Commissioners (NAIC) to serve as the state insurance regulator on the national Air Ambulance and Patient Billing Advisory Committee, the state’s insurance department announced. This …

Insurance Regulators’ Group NAIC Names 2019 Key Committee Leaders

The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association of state insurance regulators also assigned members to its standing committees. “The 2019 NAIC committee leadership reflects deep expertise and a strong …

Tennessee Insurance Head McPeak Talks Leading NAIC, Priorities Under New Gov

Tennessee Insurance Commissioner Julie Mix McPeak’s tenure as president of the National Association of Insurance Commissioners (NAIC) may have come to an end, but her work as an insurance regulator will continue for some time thanks to her recent reappointment …

Arkansas Deputy Insurance Commissioner Anderson Receives NAIC Award

Mel Anderson, deputy commissioner at the Arkansas Insurance Department (AID), has received the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners (NAIC). A 20-year veteran of the …

Texas Seeks Input on Draft of Revisions to Catastrophe Data Call Standards

Texas insurance regulators have responded to insurer requests for revisions to its standards for catastrophe data calls and is seeking input on the proposed changes. The Texas Department of Insurance said following Hurricanes Ike and Harvey, insurers participating in data …

Why Lloyd’s Chose Brussels for Post-Brexit Outpost: CEO Beale

Lloyd’s of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at a recent meeting of U.S. regulators in Washington, D.C. “We’re just working through the final regulatory aspects …

Missouri Insurance Department Re-Accredited by National Regulatory Group

The National Association of Insurance Commissioners (NAIC) has voted to re-accredit the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) for a full five years. This is the highest recommendation level from the NAIC’s Financial Regulation Standards and …