The National Association of Insurance Commissioners is “re-reviewing” disclosure requirements regarding retained asset accounts (RAAs), said Jane L. Cline, the association’s president.

The National Association of Insurance Commissioners is expressing its support for portions of U.S. House and Senate financial reform bills that preserve state-based insurance regulation.

A collection of insurance trade groups have sent comments to the U.S. Department of Health and Human Services expressing concern if the definition of what constitutes a medical cost for insurers is “narrow.”

The chairman of the U.S. Senate Committee on Commerce, Science and Transportation is offering suggestions on how health insurers nationwide can honor the intent of new mandates on medical loss ratio under new federal law without attempting to “game” the system.

In an effort to streamline the process of reporting possible fraud in a filed claim while also saving state insurance departments time and money, three national insurance groups are pooling resources.

West Virginia Insurance Commissioner Jane Cline was elected as the next president of the National Association of Insurance Commissioners.

Jane Cline

Cline, elected along with three others to the group’s executive …  Read →

The West Virginia Insurance Department and Nebraska Department of Insurance have joined the National Association of Insurance Commissioners’ combined regulatory product, State Based Systems, leading the group’s president to suggest state regulators are coming together more.

Missouri has become the 36th member state of the Interstate Insurance Product Regulation Compact, a central point, created by state insurance regulators, for electronic filing for certain insurance products, including …  Read →