The National Association of Insurance Commissioners said theyare making public receivership statistics and information on stateinsurance department resources.

Release of department resources is an annual event, providingthe receivership is a newer process.

Kansas City, Mo.-based NAIC released its Global ReceivershipInformation database, known as GRID, which provides “a nationalclearinghouse for receivership information…” on bankrupt insurancecompanies.

The database will include information for more than 1,200receiverships provided by the states and the District ofColumbia.

NAIC said the material will include “receivership contactinformation, relevant court orders and docket numbers, ongoingtasks, distribution of assets, claims-liability details, businessactivity and deposits.”

GRID can be accessed via the NAIC's Consumer Information Sourceat www.naic.org/cis. The CIS database provides several basic typesof licensing details and key financial data.

The move follows the recent release of information in the NAIC'sInsurance Department Resources Report, a survey of NAIC states thatoffers states comparative information on other states.

The report is organized in five sections: staffing, budget andfunding, examination and oversight, insurance producers, andconsumer services and antifraud.

The report includes information such as number of departmentalstaff and their functions, annual budgets, revenue flows, premiumvolume, number of insurers and insurance producers, and the numberof consumer complaints and inquiries.

Among the findings in the report:

o Premiums increased by 11.5 percent to $1.6 trillion in 2007over 2006.

o The five states with the largest premiums written in 2007include California, New York, Texas, Florida and Pennsylvania,comprising a total of 39.6 percent of U.S. premium.

o There were a total of 7,773 domestic U.S. insurers in2007.

o State insurance departments received more than 371,000official complaints and 2.4 million inquiries.

Other data in the extensive 86-page report relates to budgetsincluding such facts as:

o Insurance department budget levels for fiscal year 2009 areexpected to rise 1.8 percent.

o Budget totals for all states are expected to reach $1.5billion for FY 2009 with New York contributing the largest piece ofthat total at $116.4 million.

o Twelve states reported decreases in their 2009 fiscal yearbudgets.

Concerning revenues the report reveals:

o The state with the highest total revenues was California with$2,372,418,321, while Wyoming had the lowest with $29,773,617.

o Total taxes as a piece of total revenue were largest inCalifornia with $2,159,849,480, while Michigan had the lowest with$13,062,062.

o New York had the highest total for fees and assessments with$649,945,378, while Missouri had a low of $749,798.

o Fines and penalties totaled $11,411,539 in Pennsylvania and alow of $9,947 in New Mexico.

In 2007, for all states, 4,073 fines and 321 restitutions werelevied against insurance producers, 15,899 licenses were suspended,and 1,463 licenses were revoked.

And in 2007, for those states that reported examinations,Florida had the highest number of market conduct exams with a totalof 300, and New Mexico, South Dakota and Wisconsin reported a lowof one.

The highest number of financial exams reported in 2007 was inVermont with 146 exams, and the lowest number was in Alabama withone exam.

Both hard and electronic copies of the NAIC's IDRR report can bepurchased by going to either www.naic.org/store_home.htm. orhttps://external-apps.naic.org/insPubs/index.jsp for an electronicversion.