Category: Property and Casualty Insurance Committee
Nov 28, 2017
The National Association of Insurance Commissioners’ (“NAIC”) Public Adjuster Working Group (“Working Group”) met yesterday, November 27, 2017, to review submitted public comments on the following documents relating to the hiring of public adjusters: (1) Insurance Industry Advisory (2) Advisory …
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 …
Aug 25, 2016
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 potential harm to insurance customers, the National Association of Public …
Dec 21, 2015
Comments on remaining issues with the National Association of Insurance Commissioners’ Auto Insurance Study Group (“Study Group”) risk classification data survey and overview document drafts were published on December 18, 2015. Built on the results of several states’ recent …
Aug 10, 2015
A special presentation on Mercer’s recently released report entitled “Investing in a Time of Climate Change” is scheduled as part of the National Association of Insurance Commissioners’ (“NAIC’s”) upcoming Summer 2015 National Meeting in Chicago on August 15 from …
Aug 10, 2015
Above: Colodny Fass’ Donovan Brown Notes Federal Financial Institutions Examination Council’s (FFIEC) Cyber-Assessment Tool Now Available For Use The National Association of Insurance Commissioners (“NAIC”) Cybersecurity Task Force will discuss the Federal Financial Institutions Examination Council (“FFIEC”) Cybersecurity Assessment …
Aug 6, 2015
Chaired by Florida Office of Insurance Regulation Deputy Commissioner for Property and Casualty David Altmaier, the National Association of Insurance Commissioners’ (“NAIC’s”) Creditor-Placed Insurance Model Act Review Working Group meets today at 2 p.m. (CT)–3 p.m. (ET). As part …
Jul 23, 2015
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 …
Jan 28, 2015
The National Association of Insurance Commissioners’ (“NAIC’s”) Terrorism Insurance Implementation Working Group (“Working Group”) advised yesterday, January 27, 2015, that its members have approved a Model Bulletin designed to convey a common message to insurers on implementation issues resulting …
Nov 21, 2013
On November 14, 2013, the National Association of Insurance Commissioners (“NAIC”) Catastrophe Risk (E) Subgroup approved revisions to both the Hurricane and Earthquake lists used in catastrophe risk-based capital reporting for the year-end 2013 Property Risk-Based Capital Report. Of …