Roger Sevigny, president of the National Association of Insurance Commissioners, Kansas City, Mo., and New Hampshire insurance commissioner, has put out a statement condemning H.R. 1880, the National
Insurers are hoping for constraint in the NAIC's budget given the fact that "the insurance industry is facing revenue constraints," said Deirdre Manna, a vice president at the Property Casualty
Interviewed after delivering a closed briefing to the National Association of Insurance Commissioners meeting here, Mr. Liddy declined comment on whether the insurance or airplane leasing units would
When asked where insurance information technology investment dollars should go, 74% of life analysts said money should go toward distribution channels; 63%, toward pricing and underwriting; and 44%,
"The fear of investing in monoline businesses is spilling over to other lines, including life insurance," NAIC officials wrote in the memo. "More than one department of insurance has expressed
Iowa Insurance Commissioner Susan Voss, who was critical of the Treasury plan which also envisions a national insurance office, made her comments as members of the National Association of Insurance
Keating offered his observations on the challenges that the industry faces during ReFocus 2008, a gathering of over 300 top executives sponsored by the ACLI and the Society of Actuaries, Schaumburg,
Their comments followed another NAIC liaison meeting, this one with consumer representatives, who recommended that commissioners pursue a policy of open meetings to ensure better participation when
"Prism indicates that whole life insurance requires very little capital, often as little as 2% of reserves at the AA capital level threshold," Fitch analysts write in a discussion of the results.
The Kansas City, Mo.-based NAIC last week released its annual "Insurance Department Resources Report," which the association said aims to help insurance departments manage their individual resources