IFAwebnews » state-based regulation

If we know what the NAIC is not, does that help with what it is?

John Lobert — Tue, 27 Mar 2012 15:24:12 +0000

Somewhere between the time I wrote March 22 piece on the National Association of Insurance Commissioners, the group of state insurance regulators, (NAIC) and the time it was posted, the NAIC resolved one of the issues I raised: its identity.

If we know what the NAIC is not, does that help with what it is? via IFAwebnews.

As long as perception of closed door remains, NAIC’s image is tarnished

John Lobert — Thu, 22 Mar 2012 14:25:12 +0000

The National Association of Insurance Commissioners, the organization representing each state's insurance department, is a worthwhile venture because it serves to create uniformity in the regulation of insurance. Some moan that uniformity by a national trade association (more on that in a minute) is national insurance regulation, which is no better than federal regulation. I beg to differ.

As long as perception of closed door remains, NAIC’s image is tarnished via IFAwebnews.

Rep. Royce asks NAIC to answer if it is regulatory or ‘private group’

Bob Graham — Wed, 29 Feb 2012 13:12:04 +0000

A congressman from California is asking the organization representing state insurance commissioners to explain what it meant last summer when it said it wanted to “to brand itself as a ‘standard-setting organization.”

Rep. Royce asks NAIC to answer if it is regulatory or ‘private group’ via IFAwebnews.

NAIC must thwart questions on whether its positions are self-serving

Bob Graham — Mon, 15 Aug 2011 14:43:16 +0000

Each time the organization representing state insurance commissioners puts out its critique of some aspect of the federal health reform law or its proposed implementation, a key question is raised: Is the National Association of Insurance Commissioners (NAIC) representing the interests of those it is serving, primarily consumers, or is it serving its own interests?

NAIC must thwart questions on whether its positions are self-serving via IFAwebnews.

NAIC: Multi-state health exchange plans could stymie competition

Bob Graham — Mon, 15 Aug 2011 14:05:44 +0000

The National Association of Insurance Commissioners (NAIC) is telling federal officials that its proposal for regulating new federally mandated multi-state health insurance plans could upset state insurance markets and erode consumer protections.

NAIC: Multi-state health exchange plans could stymie competition via IFAwebnews.

House’s defunding of health exchanges affirms states’ insurance stake

Bob Graham — Fri, 06 May 2011 14:18:05 +0000

An insurance trade group says the U.S. House is “moving in the right direction” toward affirming state-based insurance regulation by voting to defund health insurance exchanges.

House’s defunding of health exchanges affirms states’ insurance stake via IFAwebnews.

HHS wants to force health insurers to justify all rate hikes over 10%

Bob Graham — Tue, 21 Dec 2010 15:50:22 +0000

The U.S. Department of Health and Human Services plans to force health insurance companies to justify any rate increases of 10% or more, starting next year.

HHS wants to force health insurers to justify all rate hikes over 10% via IFAwebnews.

Financial services reform, with minimal tweaks for insurance, now law

Bob Graham — Wed, 21 Jul 2010 18:25:12 +0000

President Barack Obama signed sweeping financial services regulatory reform into law today (July 21), creating a system of oversight designed to prevent future meltdowns of the financial services industry in the U.S.

Financial services reform, with minimal tweaks for insurance, now law via IFAwebnews.

Democrats secure votes to pass financial services reform

Bob Graham — Wed, 14 Jul 2010 12:06:24 +0000

President Barack Obama and other Democrats say they have the 60 votes necessary to pass financial services reform legislation.

Democrats secure votes to pass financial services reform via IFAwebnews.

Senate passes reform bill; states retain insurance regulation

Bob Graham — Fri, 21 May 2010 13:41:42 +0000

The U.S. Senate’s passage of financial services reform May 20 has drawn the praise of two insurance industry trade groups, both pleased to see that senators deemed property-casualty insurance different than other financial service sectors.

Senate passes reform bill; states retain insurance regulation via IFAwebnews.