Category: NAIC

To schedule a regulator appointment at the NAIC Summer 2015 National Meeting, please contact G. Donovan Brown at Colodny Fass (+1 850 545 8864 or DBrown@ColodnyFass.com).     If you haven’t yet made your appointments to visit with regulators at the upcoming National Association of Insurance Commissioners …

Above:  Colodny Fass’ Claude Mueller Notes the NAIC’s Conclusion of its ORSA Pilot Project; Florida ORSA Legislation Expected   Florida is among a growing minority of states that have yet to implement the National Association of Insurance Commissioners’ (“NAIC’s”) Risk …

  The National Association of Insurance Commissioners’ (“NAIC”) announced today, July 28, 2015, that its Cybersecurity Task Force (“Task Force”) will be coordinating with state insurance regulators to conduct examinations of insurers for the purpose of verifying whether companies are …

Above:  Colodny Fass’ Donovan Brown Notes Price Optimization “Next Steps and Recommendations” Due to the NAIC by July 31     The National Association of Insurance Commissioners’ Casualty Actuarial and Statistical Task Force (“Task Force”) met via teleconference on July …

Above:  Colodny Fass’ Donovan Brown Provided Historical Perspective on Benchmark Florida Legislation at Yesterday’s NAIC Sharing Economy Working Group Meeting   There had been no known state-level precedent anywhere in the nation for home-sharing legislation at the time that SB …

Above:  Colodny Fass’ Donovan Brown Notes Comments Submitted on NAIC Price Optimization Draft White Paper   “At what point can a proposed rate be judged as “unfairly discriminatory?” “Is it really the responsibility of a regulated entity to explain to …

Above:  Colodny Fass’ Donovan Brown Notes Comment Deadline on NAIC Draft Price Optimization White Paper Is July 3   With a long list of comments already having been submitted on a draft white paper explaining the background and various aspects …

  With nearly a dozen new insurance commissioners or acting commissioners being welcomed as the newest members, the National Association of Insurance Commissioners (“NAIC”) convened in Phoenix, Arizona during March 28-31 for its 2015 Spring National Meeting.  Among the new …

At the close of the 2015 Spring National Meeting today, March 31, 2015, the National Association of Insurance Commissioners (“NAIC”) adopted a white paper on insurance coverage issues in the “sharing economy” for transportation.  Ride-sharing services offered by Transportation Network …

  The National Association of Insurance Commissioners’ Center for Insurance Policy and  Research (“CIPR”) published a study on March 24, 2015 entitled “Usage-Based Insurance and Vehicle Telematics:  Insurance Market and Regulatory Implications.” The study examines how the U.S. auto insurance …