Category: National News
Aug 6, 2012
Public comments on a working draft of the Common Framework for the Supervision of Internationally Active Insurance Groups (“ComFrame”) are due to the International Association of Insurance Supervisors (“IAIS”) by August 31, 2012. To access the draft, a list …
Jul 26, 2012
The National Conference of Insurance Legislators (“NCOIL”) has issued a report of action taken at its Summer Meeting in Burlington, Vermont, held from July 12-15, 2012. More than 250 state legislators, insurance regulators, federal officials, media, and consumer and …
Jul 16, 2012
The National Conference of Insurance Legislators (“NCOIL”) held its 2012 Summer Meeting in Burlington, Vermont from July 12-15, 2012. During that time, the following actions were taken: Adoption of a model act on the use of insurance binders Adoption of …
Jul 11, 2012
While no model laws under current development are expected to be approved by the National Association of Insurance Commissioners (“NAIC”) during its upcoming 2012 Summer National Meeting, the organization’s various committees, working groups and task forces will convene and …
Jul 10, 2012
The National Association of Insurance Commissioners (“NAIC”) Group Solvency Issues Working Group (“Working Group”) met via conference call on June 29, 2012, during which members discussed revisions to the NAIC’s draft Own Risk and Solvency Assessment Model Act (“ORSA”). …
Jul 3, 2012
On June 29, 2012, the Alabama Department of Insurance issued Bulletin No. 2012-03, which informs all insurers licensed in Alabama of the enactment of the Insurance Fraud Investigation Unit and Crime Prevention Act. The Act becomes effective August 1, …
Jun 28, 2012
The National Association of Insurance Commissioners (“NAIC”) has scheduled a public hearing on Thursday, August 9, 2012 from 1:00 p.m. to 5:00 p.m. to further discuss the use of lender-placed insurance and the effect of the practice on consumers. …
Jun 21, 2012
The National Conference of Insurance Legislators (“NCOIL”) 2012 Summer meeting is scheduled for July 12-15 in Burlington, Vermont. For complete meeting information, click here. (Click on the hyperlinks in boldface below to access model act drafts and other specified …
Jun 20, 2012
The North Carolina Department of Insurance issued the following news release on June 14, 2012: NCDOI Launches NCHurriClaims.com New website helps North Carolinians prepare for hurricane season RALEIGH — Insurance Commissioner Wayne Goodwin encourages all North Carolinians to prepare for …
Jun 6, 2012
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 …