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...
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...
The National Association of Insurance Commissioners’ (“NAIC”) Financial Condition Committee (“Committee”) is in process of considering and developing contingency regulatory plans ” ....
Utilizing managed repair programs for property claims and using contractors controlled by claims organizations to provide property damage repair services could constitute an impermissible conflict of interest and a...
The National Association of Insurance Commissioners’ (“NAIC”) Reinsurance Task Force has advised that public comments are due by August 22, 2016 on a draft of recent revisions to the XXX/AXXX Credit...
The National Association of Insurance Commissioners’ National Treatment and Coordination Working Group is accepting written comments on a draft of Form A Review Best Practices until August 19, 2016. ...
Contains Key Statistics on Premiums By State, By Line of Business and Budget Information The National Association of Insurance Commissioners (“NAIC”) released the second volume of the 29th edition of the...
In Advisory Letter 2016-02 issued today, July 7, 2016, Louisiana Insurance Commissioner Jim Donelon advised all producer agencies on the mandatory reporting requirements of La. R.S. 22:1546 (B), explaining that some...
A new report published by the Ohio Department of Insurance illustrates a competitive Ohio property and casualty insurance marketplace that Ohio Lieutenant Governor Mary Taylor says is benefiting consumers with lower...
The California Department of Insurance announced today, June 29, 2016, that two Berkshire Hathaway companies–the California Insurance Company (“CIC”) and Applied Underwriters Captive Risk...