NAIC News
Reinstated: Actuarial Ratemaking Principles Are Back!
Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty Actuarial Society board of directors to rescind them late last year ...
U.S. Regulators Are Close to Creating Pet Insurance Legal Standards
U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not ...
Status of Certain Casualty Actuarial Ratemaking, Reserve Principles in Flux
A task force of the National Association of Insurance Commissioners is asking the board of directors of the Casualty Actuarial Society to reverse a decision to rescind a "statement of principles" of ...
AI, Privacy, Racial Bias Among State Insurance Regulator Priorities for 2021
The country's insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and ...
Insurance Commissioner’s Perspective: Innovation as a Driver for Change
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop ...
Root Hires Former Tennessee Insurance Commissioner McPeak as Expansion Continues
Former Tennessee insurance commissioner Julie Mix McPeak has joined Root Insurance in a leadership role. She is the Ohio-based InsurTech's Senior Deputy General Counsel as of Sept. 1. McPeak is well ...
Insurance Information Institute Will Brief State Regulators on Coronavirus P/C Insurance Impact
The Insurance Information Institute will brief state regulators this week on the financial impact/policy coverage issues raised by COVID-19 in the U.S.'s property/casualty insurance markets. The ...
Insurance Conferences Go on Despite Coronavirus, but No Handshakes (or Buffets) Allowed
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at ...