Category: Property and Casualty Insurance Committee

  Comments on a draft data call directed to lender-placed insurers are being solicited by the National Association of Insurance Commissioners (“NAIC”) on behalf of Mississippi Insurance Commissioner Mike Chaney, NAIC’s Property and Casualty Insurance (C) Committee (“Committee”) Chairman. A …

  The National Association of Insurance Commissioners (“NAIC”) has initiated the model law development process for its Creditor-Placed Insurance Model Act (#375) for possible reclassification as a “guideline.” As it currently exists, the Creditor-Placed Insurance Model Act (“Model”) creates a …

  At the suggestion of various trade associations, for each insurer that filed a Property Risk-Based Capital (“RBC”) report for year-end 2011, the National Association of Insurance Commissioners (“NAIC”) is advising companies’ Annual Statement and RBC contacts about a change …

  In her written comments submitted for the August 9, 2012 National Association of Insurance Consumers (“NAIC”) public hearing on private lender-placed insurance, Florida Insurance Consumer Advocate Robin Smith Westcott suggested that the tools available through market conduct reviews might be …

  After its meeting yesterday, June 5, 2012, the National Association of Insurance Commissioners (“NAIC”) Auto Insurance Study Group (“Study Group”) requested comments and recommendations on a proposed Draft Work Plan designed to review issues relating to low-income households and …

  After having cited constitutional issues as the reason the State of Florida would be unable to join the proposed Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”), the Florida Office of Insurance Regulation, represented by its General Counsel, Steve Parton, …

  A National Association of Insurance Commissioners (“NAIC”) public hearing on a proposed risk classification data call and other risk classification tools for personal auto insurance has been scheduled for September 30, 2010 in Kansas City, Missouri.  To access the proposed …

The National Association of Insurance Commissioners (“NAIC”) Workers’ Compensation Task Force, Professional Employer Organization Model Law Working Group and the NAIC/International Association of Industrial Accident Boards & Commissions Joint Working Group have advised that the “Implementation Commentary,” a companion document to …

The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group has extended the deadline for comments on the draft Implementation Commentary entitled “Guidelines for Regulations and Legislation on Workers’ Compensation Coverage for Professional Employer Organization …

Reminder:  Comments on the The National Association of Insurance Commissioners (“NAIC”) Professional Employer Organizations (“PEO”) Model Law Working Group’s draft Implementation Commentary entitled “Guidelines for Regulations and Legislation on Workers’ Compensation Coverage for Professional Employer Organization Arrangements” are due no …