Category: National News

  In a letter to Federal Housing Finance Agency Director Edward DeMarco yesterday, February 27, 2013, U.S. Representative Maxine Waters, Ranking Member of the House Financial Services Committee (“Committee”), requested the agency’s explanation of why it halted a Fannie Mae …

  The National Conference of Insurance Legislators (“NCOIL”) 2013 Spring Meeting is scheduled for March 8-10, 2013, in Washington, D.C.  For complete meeting information, click here. (Click on the hyperlinks in boldface below to access model act drafts and other …

  Above:  Former Nebraska Senator Ben Nelson Was Named CEO of the NAIC Today   Former Nebraska Senator Ben Nelson was named as CEO of the National Association of Insurance Commissioners (“NAIC”) today, January 22, 2013. The NAIC news release …

The following article was published in Insurance Networking News on January 8, 2013 and updated today, January 9, 2013 to reflect that AIG has refused to join litigation against the federal government:   AIG Refuses to Join Lawsuit Against Federal …

  In a report issued today, January 4, 2013, the U.S. Government Accountability Office (“GAO”) has recommended that the Federal Emergency Management Agency (“FEMA”) Administrator examine ways to make mapping of Indian tribal lands in flood-prone areas a higher priority. …

  The Dixon Hughes Goodman Insurance Services Group has released a summary of the NAIC 2012 Fall National Meeting, held November 29 – December 2, 2012, in Washington, D.C.  The complete summary is attached in PDF format, and a synopsis …

  The National Association of Insurance Commissioners’ (“NAIC”) Reinsurance Task Force will accept public comments until January 16, 2013 on a Draft Process to evaluate the reinsurance supervisory systems of non-U.S. jurisdictions for recognition as Qualified Jurisdictions in accordance with …

The National Association of Insurance Commissioners (“NAIC”) completed its 2012 Fall National Meeting yesterday, December 2, in Washington D.C. Two public hearings on Catastrophe Issues and Long-Term Care highlighted the four-day event, at which Louisiana Insurance Commissioner Jim Donelon was …

Above:  Louisiana Insurance Commissioner Jim Donelon   Louisiana Insurance Commissioner Jim Donelon was elected as 2013 President of the National Association of Insurance Commissioners (“NAIC”) yesterday, December 2, at the conclusion of its 2012 Fall National Meeting in Washington D.C. …

  Testifying as President of the National Association of Insurance Commissioners (“NAIC”) Chairman at a Congressional subcommittee hearing today, November 29, 2012, Florida Insurance Commissioner Kevin McCarty raised concerns regarding the proposed application of “one size fits all” capital rules …