The practice of granting states NAIC accreditation started in the last decade with the aim of obtaining a uniform application of solvency laws, such as risk-based capital and financial examination law

The action comes after Citizens revealed Wednesday that its computer system could not generate an audit report for 2005. Officials assured the rating agencies that the data is available and nothing ha

Assemblywoman Fiona Ma, D-San Francisco, introduced AB 550 late last month, with Sen. Leland Yee, D-San Francisco, following suit in the Senate with the introduction of SB 723. Under the proposed legi

Class action securities settlements reached a record $18 billion in 2006, according to a report from Rockville, Md.-based Institutional Shareholder Services, a provider of corporate governance and pro