The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the fifty states, the District of Columbia and five U.S. territories. State insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight through the NAIC. These […]
An overview of Volume II of the annual report which focuses on premium and revenue as well as a look at the list of the top ten states ranked by premium.
Just in time for the NAIC’s Summer Meeting in Boston this week, we took a look at the latest facts, figures, and statistics from the annual Insurance Department Report – Volume One with respect to Massachusetts.
A Division hearing officer refuses to revoke the license of a producer whose premium payment check to Plymouth Rock was returned for insufficient funds.
Division hearing officers revoke and fine two nonresident producers for failure to report criminal charges and out-of-state administrative actions.