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  • President Nickel Recaps National Meeting
    NAIC Releases 2016 Annual Report

    The National Association of Insurance Commissioners (NAIC) today released its 2016 Annual Report, "Igniting Innovation." The report outlines the financial health of the NAIC and highlights the progress regulators have achieved in providing consumer safeguards and ensuring the success of insurance markets.

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    Life Insurance Policy Locator

    The NAIC’s Life Insurance Policy Locator is benefitting U.S. consumers as state insurance regulators work to reduce the number of unclaimed life insurance benefits. In just six months, the policy locator has matched nearly 1,800 beneficiaries with lost or misplaced life insurance policies or annuities, totaling more than $17 million returned to consumers, as of April 1.

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    Inspiring Innovation at Insurance Summit
    Consumer Alert:
    Understanding Usage-Based Insurance

    Many consumers are familiar with the phrase “try before you buy.” Now auto insurers are employing “pay for how you drive.” It’s called usage-based insurance (UBI) or telematics which means the auto insurer monitors your driving behavior and uses that information to determine your rates. The National Association of Insurance Commissioners (NAIC) offers this guide to help you understand this new type of coverage.

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    CIPR Hosts Flood Insurance Event

    More than 280 regulators, consumer representatives and industry stakeholders discussed flood insurance at a forum coordinated by the Center for Insurance Policy and Research (CIPR). The event, The Future of Flood Insurance, was held in conjunction with the National Association of Insurance Commissioners' (NAIC) Spring 2017 National Meeting. Mississippi Insurance Commissioner Mike Chaney hosted the event, which examined the National Flood Insurance Program (NFIP) and the market’s state.

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