Insurance News

Posts Tagged ‘Hearing

The following statement may be attributed to Neil Alldredge, senior vice president of State & Policy Affairs at the National Association of Mutual Insurance Companies (NAMIC). Alldredge testified yesterday at the Wisconsin Office of Commissioner of Insurance hearing on credit-based insurance scores.

The hearing was requested by three state legislators ? Sens. Lena Taylor and Terese Berceau and Rep. David Cullen ? to examine the use Read the rest of this entry »

The U.S. Government Accountability Office has prepared a state insurance regulatory system critique for a congressional subcommittee that is about to consider federal insurance oversight.

Despite efforts to make the state producer licensing, product approval and market conduct processes more similar, big differences remain, and some of those differences, such as differences in producer background check standards, can cause problems, GAO Read the rest of this entry »

INDIANAPOLIS (Jan. 23 Credit default swaps are not insurance and should not be viewed as such by policymakers seeking answers to the current financial crisis. That?s the message the National Association of Mutual Insurance Companies (NAMIC) will deliver to state legislators meeting for a special hearing in New York City tomorrow.

Members of the National Conference of Insurance Legislators? Steering and Financial Services Committees Read the rest of this entry »