The National Association of Insurance Commissioners Property & Casualty Committee chairman said the panel will begin exploring how to gather data on insurers' use of credit information to determine premiums.
Language contained in insurers' own claims manuals may void policy exclusion provisions insurers have used to deny homeowners' Chinese drywall damage claims, an insurance law expert testified.
State legislators have slammed a National Association of Insurance Commissioners proposal for regulatory reform as a measure permitting federal authorities to take over their insurance lawmaking function.
A National Association of Insurance Commissioners working group has drafted recommendations as to how the organization should deal with its reliance on national rating agencies to evaluate insurers' investments.
Consumer advocates face an institutional bias at the National Association of Insurance Commissioners and other regulatory agencies, according to Birny Birnbaum, executive director of the Center for Economic Justice.
State legislators have slammed a National Association of Insurance Commissioners proposal for regulatory reform as a measure permitting federal authorities to take over their insurance lawmaking function.
Consumer advocates again criticized the National Association of Insurance Commissioners for dragging its feet on credit scoring while attending quickly to issues of concern to the insurance industry.
The National Association of Insurance Commissioners should hold fewer non-public meetings and adopt greater transparency and public accountability, according to consumer advocates.
The National Association of Insurance Commissioners Valuation of Securities Task Force has adopted economic assumptions regulators will use to reevaluate residential mortgage-backed securities.
The Independent Insurance Agents & Brokers of New York has threatened legal action against the New York State Insurance Department over a proposed producer compensation rule it posted.