The Cost of Regulation
Related Articles
- New York Superintendent Dinallo Pressing For Change On Many Fronts. Connolly, Jim // National Underwriter / Life & Health Financial Services;6/18/2007, Vol. 111 Issue 24, p7
The article reports on the enforcement to revise stringent insurance regulations and high litigation costs by Superintendent Eric Dinallo in New York on June 12, 2007. The enforcement has followed the order to New York State Commission in regulating financial services statutes, policies and...
- NAIC Eyes Sham Diplomas. Carr, Sean P. // Best's Review;Nov2008, Vol. 109 Issue 7, p12
The article reports on the approval of a model regulation by the National Association of Insurance Commissioners (NAIC) to govern the use of senior-specific certifications and designations in the sale or solicitation of life insurance and annuities in the U.S. The author stated that the...
- Consumer Advocates: Modelers Aid Price Collusion. Lehmann, R. J. // Best's Review;Nov2007, Vol. 108 Issue 7, p11
The article reports that consumer advocates have told the National Association of Insurance Commissioners (NAIC) panel that state regulators must exercise the same oversight of catastrophe modeling firms in the U.S. According to the author, the speakers cited concerns on the "near-term" models...
- NAIC Posts Receivership Web Page. Carr, Sean // Best's Review;Sep2008, Vol. 109 Issue 5, p11
The article reports on the release of the online Global Receivership Information Database (GRID) by the National Association of Insurance Commissioners (NAIC) in the U.S. The author stated that the GRID is an online clearinghouse with information on more than 1,200 receiverships, provided by all...
- NAIC: CDAs are Annuities to be Sold by Insurers. Festa, Elizabeth // National Underwriter / Life & Health Financial Services;Apr2012, Vol. 116 Issue 4, p26
The article reports that the adequacy of regulations and laws that protect the solvency of insurers and consumers must be analyzed according to the Contingent Deferred Annuity (CDA) subgroup of National Association of Insurance Commissioners (NAIC).
- State Legislative Update. // Journal of Insurance Regulation;Winter2008, Vol. 27 Issue 2, p95
The article offers updates on the state regulation related to National Association of Insurance Commissioners (NAIC) models in the U.S. Ohio is moving its advertisements of accidents and sickness insurance regulation in the first quarter of 2009. South Dakota and Wisconsin are enhancing their...
- Dutch Boy Blues. Connolly, Jim // National Underwriter / Life & Health Financial Services;6/16/2008, Vol. 112 Issue 23, p4
The author reflects on a structural change proposed by the U.S. National Association of Insurance Commissioners (NAIC) during the NAIC's summer meeting from a traditional captive system to an independent system. He comments on the details provided by regulators on the proposed NAIC model during...
- NAIC Votes To Make Insurer Survey On Climate Risk Voluntary, Confidential. Gusman, Phil // National Underwriter / P&C;4/5/2010, Vol. 114 Issue 12, p6
The article discusses the plan made by the National Association of Insurance Commissioners (NAIC) in making the insurer survey on climate risk, voluntary. It states that after the vote, some regulators were confused as to when the new plan was formally drafted and what exactly it implied....
- Regulators Face Off Over Federal Standards Bill. Postal, Arthur D.; Brady, Matt // National Underwriter / P&C;6/20/2005, Vol. 109 Issue 24, p6
The article reports that the U.S. National Association of Insurance Commissioners recently continued its policy of steadfast opposition to federal legislation imposing standards on state regulators. Five former commissioners took a more conciliatory approach in testimony before Congress, with...
