National Association Of Insurance Commissioners

National Association Of Insurance Commissioners News

  • Insurers Joining More Obamacare Exchanges for Next Year

    UnitedHealth Group Inc., once leery of Obamacare’s new health insurance exchanges, is starting new plans in at least two states as competition grows stiffer in the government-run marketplaces.

  • Iowa’s Friendlier Watchdogs Lead Insurer Pack to Des Moines

    After Symetra Financial Corp. was formed in 2004, the life insurer set up shop in a 25-story glass tower outside Seattle, put its name on the building and pushed the state to adopt more favorable rules for its business.

  • WellPoint Leads $13 Million California Insurance Battle

    WellPoint Inc., the second-largest U.S. health insurer, is leading companies that have poured $13.4 million into defeating a ballot initiative that would give California regulators the power to reject increases in health policy premiums.

  • UnitedHealth, WellPoint Fight Obama’s Cost Mandate

    A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums on medical care is the newest front in the battle between the Obama administration and companies over industry profits.

  • USAA Says CEO to Step Down From $22.9 Billion Company

    United Services Automobile Association, the provider of insurance and other financial products catering to military families, said Chief Executive Officer Josue Robles will retire in the first quarter of 2015.

  • Northwestern Mutual Cuts Frothy Stocks, Bets on Property

    Northwestern Mutual Life Insurance Co., the No. 2 seller of the coverage in the U.S. last year, is turning to property investments and private deals after scaling back from stocks during last year’s rally.

  • NAIC Chief Vaughan to Step Down Next Year to Revise Textbook

    Therese Vaughan, the chief executive officer of the National Association of Insurance Commissioners, will step down in the first quarter of next year to revise a textbook, the industry association wrote in an e-mailed statement.

  • Fallen Soldiers' Families Denied Cash as Insurers Profit

    The package arrived at Cindy Lohman’s home in Great Mills, Maryland, just two weeks after she learned that her son, Ryan, a 24-year-old Army sergeant, had been killed by a bomb in Afghanistan. It was a thick, 9-inch-by- 12-inch envelope from Prudential Financial Inc ., which handles life insurance for the Department of Veterans Affairs.

  • Duping the Families of Fallen Soldiers

    Life insurers are secretly profiting from death benefits owed to the survivors of service members and other Americans.

  • Obamacare Policies Change for 2015 to Add Flexibility

    With midterm congressional elections bearing down, the government changed its regulation of Obamacare to give consumers and states more flexibility to decide on their health plans, insurers more time to sign up customers and taxpayers a chance to avoid more costs.

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