Category: National News
Jan 3, 2017
The Federal Emergency Management Agency (“FEMA”) issued Bulletin W-16091 on December 30, 2016 to provide guidance on National Flood Insurance Program (“NFIP”) requirements for claims handled by “Write Your Own” companies. The guidance focuses on the use of services …
Dec 14, 2016
Comments are due to the National Association of Insurance Commissioners (“NAIC”) by January 13, 2017 on two items pertaining to reinsurance collateral, certified reinsurers, qualified jurisdictions and the potential impact of Solvency II implementation. To access each document, click …
Dec 13, 2016
California Insurance Commissioner Dave Jones has issued new Anti-Steering in Auto Body Repair regulations that increase consumer protections to prevent consumers from being misled or claims delayed when a collision-damaged vehicle needs to be repaired. Announced today, December 13, …
Dec 13, 2016
The National Association of Insurance Commissioners (“NAIC”) announced today, December 13, 2016, that it has adopted a white paper on insurance coverage issues in the sharing economy for home rentals. “Home-sharing companies like AirBnb and HomeAway offer consumers the …
Dec 6, 2016
The National Association of Insurance Commissioners (“NAIC”) announced today, December 6, 2016, that it sent a letter to Vice President-Elect Mike Pence late in November to offer the Presidential Transition Team assistance with health care and other financial services …
Dec 5, 2016
California Insurance Commissioner Dave Jones advised today, December 5, 2016, that a new international network of insurance regulators and supervisors has been launched to promote cooperation on critical sustainable insurance challenges, such as climate change. Held in San Francisco, …
Nov 4, 2016
Possible adoption of a white paper covering the insurance implications of home-sharing is on the Property and Casualty Insurance Committee agenda at the upcoming National Association of Insurance Commissioners (“NAIC”) 2016 Fall National Meeting. The event runs from December …
Nov 2, 2016
With Directive 16-EX-5 issued yesterday, November 1, 2016, Georgia Insurance and Safety Fire Commissioner Ralph Hudgens instructed all insurers covering property risks in the State of Georgia to provide the following information for all claims that relate to losses …
Nov 1, 2016
The Excess Line Association of New York noted today, November 1, 2016, that it has submitted comments to the New York Department of Financial Services and made a number of recommendations to change the Proposed Regulation 23 NYCRR 500 …
Comments Due on NAIC Draft Enterprise Risk Report ‘Form F’ Guidance Manual Draft By December 5, 2016
Nov 1, 2016
The National Association of Insurance Commissioners’ Group Solvency Issues Working Group met via conference call on October 28, 2016, during which members discussed a proposed Form F Guidance Manual. Form F, also known as the Enterprise Risk Report, …