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.
Our weekly column of items of interest from in and around the insurance industry. PRAC Lawsuit Heading to the Massachusetts Supreme Judicial Court In April of this year, Agency Checklists reported on the Massachusetts Appeals Court decision, Johanna Lief-Socolow et al. v. Annette Liquori et al., in which the Mass. Appeal Court overturned a Superior Court judgment […]
Appeals Court restates rules on agency liability and necessity of a “special relationship” between insured and agent
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