At a hearing entitled “Streamlining Regulation, Improving Consumer Protection and Increasing Competition in Insurance Markets” held yesterday, March 19, 2013, the U.S. Senate Banking, Housing and Urban...
In their latest effort to resolve a long-running dispute between the lender and property/casualty industries over the forms that lenders use to verify insurance coverage, legislators at the recently concluded National...
Above: Federal Insurance Office Director Michael McRaith At a meeting of the Federal Advisory Committee on Insurance today, March 13, 2013, Federal Insurance Office Director Michael McRaith advised that...
The Surplus Lines Requirements Subgroup (“Subgroup”) of the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Task Force held a March 7, 2013 teleconference during which it...
Negotiated rate increase less than half of insurance companies’ request North Carolina Insurance Commissioner Wayne Goodwin signed a settlement agreement with homeowners insurance companies yesterday, March 5,...
The National Association of Insurance Commissioners (“NAIC”) has initiated the model law development process for its Creditor-Placed Insurance Model Act (#375) for possible reclassification as a...
The Surplus Lines Requirements Subgroup of the National Association of Insurance Commissioners’ (“NAIC”) Surplus Lines Task Force is scheduled to meet via teleconference on March 7, 2013, to discuss...
In Bulletin 2013-13 issued today, March 4, 2013, the Excess Lines Association of New York (“ELANY”) advised that the New York Department of Financial Services (“DFS”) moratorium on cancellations...
Florida Insurance Commissioner Kevin McCarty to Represent NAIC at International Association of Insurance Supervisors During a brief joint meeting of the National Association of Insurance Commissioners...
Florida Insurance Commissioner Kevin McCarty will represent the National Association of Insurance Commissioners (“NAIC”) on the International Association of Insurance Supervisors (“IAIS”)...