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.”

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.

Insurers’ investments should not be affected by the decision of Standard & Poor’s Ratings Service to lower the U.S. government’s credit rating, according to state insurance commissioners.

Alfred W. Gross, one of the longest serving insurance commissioners in the U.S., died this week, less than seven months after he gave up his post has Virginia’s insurance regulator.

Insurance representatives from the U.S. and Europe met in Washington, D.C., for two days earlier this month, as part of the ongoing dialogue concerning challenges with international insurance regulation.

Another large health insurance company has postponed its proposed rate hike amid questions from state officials, this time in Iowa.

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 →