National Association Of Insurance Commissioners

National Association Of Insurance Commissioners News

  • Retirement Account Cap With Obama Budget Buoys Insurance

    A cap that President Barack Obama has proposed on the size of tax-advantaged retirement accounts is seen as potentially pushing savers to another product that limits payments to the government: life insurance.

  • Amy Grant Celebrates Insurance as Dad Battles Dementia

    The National Association of Insurance Commissioners has turned to Grammy-winning musician Amy Grant to highlight products that can guard consumers against unexpected events.

  • Genworth Names Ex-Senator Conrad as Director

    Genworth Financial Inc., the seller of life insurance and mortgage guarantees, named former U.S. Senator Kent Conrad to the board of directors as financial firms seek government expertise and influence in Washington.

  • Most Insurers Lack Plans for Climate Change, Survey Finds

    Almost 90 percent of insurance companies lack a comprehensive plan to address climate change and fewer than half of them view it as a likely source of financial losses, according to a report released today.

  • Obama Health Law Needs Delay, State Insurance Head Says

    President Barack Obama may need to delay his health-care overhaul or risk “chaos” when subsidized insurance plans go on sale in October, the head of the National Association of Insurance Commissioners said.

  • Ex-Senator Nelson to Run Insurer Watchdog Group

    The National Association of Insurance Commissioners named ex-Democratic Senator Ben Nelson to be its chief executive officer as the regulators’ group tackles U.S. President Barack Obama’s health-care overhaul.

  • Health Insurers May Meet Medical Cost Mandate Under Obama Health Law Plan

    Health plans led by WellPoint Inc. and UnitedHealth Group Inc. can subtract taxes and include as costs “activities that improve health care quality” to meet mandates in the U.S. health-care overhaul on how much they spend on medical care, a draft report says.

  • 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.

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