Category: National News
Jan 26, 2011
Established at the January 6, 2011 meeting of the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) to focus on the operational details needed to create a national clearinghouse to implement the proposed Nonadmitted Insurance …
Jan 7, 2011
The following news release was issued by the National Conference of Insurance Legislators today, January 7, 2011: (Note: A hyperlink to a copy of the SLIMPACT-Lite draft is included below.) National Conference of Insurance Legislators, the Council of State …
Dec 23, 2010
The board of directors of the National Insurance Producer Registry (NIPR) elected its 2011 officers on Wednesday, Dec. 15 during a teleconference meeting. Alaska Insurance Director Linda Hall was re-elected NIPR president. Hall has been a member of the …
Dec 21, 2010
Subsequent to its November 2010 Annual Meeting, the National Conference of Insurance Legislators (“NCOIL”) published a series of informational releases featured in the recent edition of the “NCOILetter.” The newsletter, which is attached in PDF format and can also be …
Dec 21, 2010
The National Association of Insurance Commissioners’ (“NAIC”) Joint Executive Committee/Plenary (“Plenary”) adopted the Nonadmitted Insurance Multistate Agreement (“NIMA”) along with other significant model regulations and recommendations during a December 16, 2010 teleconference. NIMA had been approved “in concept” by …
Dec 21, 2010
The National Association of Insurance Commissioners (“NAIC”) has released its 2007/2008 Auto Insurance Database Report (“Report”), which features state-by-state auto insurance data designed to provide necessary information for insurance regulators, consumers and policymakers. Issued annually and available for purchase …
Dec 15, 2010
The National Association of Insurance Commissioners (NAIC) recently named 27 consumer liaison representatives for 2011. The 18 funded and nine unfunded consumer representatives begin their terms Jan. 1, 2011. Sixteen of the funded consumer representatives participated in the program …
Dec 14, 2010
After adopting several technical amendments to a revised version of the Retained Asset Accounts Bulletin, (“Bulletin”) the National Association of Insurance Commissioners (“NAIC”) Retained Asset Accounts Working Group (“Working Group”) approved a final draft on December 13, 2010. Originally created …
Dec 13, 2010
Approximately 350 state legislators, insurance regulators, federal officials and insurance industry and consumer representatives attended the National Conference of Insurance Legislators (“NCOIL”) Annual Meeting in Austin, Texas, which was held from November 18 through 21, 2010. A synopsis …
Dec 9, 2010
After approving the “concept” of the Nonadmitted Insurance Multistate Agreement (“NIMA”) during its most recent meeting, the National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force (“Task Force”) amended and approved NIMA yesterday, December 8, 2010. Meeting …