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The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
The NAIC internal designation for the Annual Financial Reporting Model Regulation is MDL 205, where MDL stands for Model, and the number of the model rule is 205. [4] Because the regulation was issued by NAIC, which is not a federal agency with direct regulatory power, its adoption is on a state-by-state basis.
Therese Michele "Terri" Vaughan [1] (born June 12, 1956) [1] is an American insurance academic, regulator, and advisor. She was insurance commissioner of the state of Iowa for 10 years from 1994 to 2005, and was the CEO of the National Association of Insurance Commissioners (NAIC) for four years from February 2009 to December 2012.
While most insurance commissioners are appointed, in some jurisdictions they are elected. [1] The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state.
An excerpt from a sworn affidavit filed in support of charging Warrick County Commissioner Terry Phillippe with multiple felony offenses (highlights added by the Courier & Press).
A state may not impose eligibility requirements on, or otherwise establish eligibility criteria for, nonadmitted insurers domiciled in a United States jurisdiction, except in conformance with sections 5(A)(2) and 5(C)(2)(a) of the NAIC's Non-Admitted Insurance Model Act, unless the state has adopted nationwide uniform requirements, forms, and ...
February 11, 1891 Democrat James F. Pierce: February 12, 1891 February 10, 1897 Democrat two terms Louis F. Payn: February 11, 1897 February 1, 1900 Republican one term Francis Hendricks: February 2, 1900 May 16, 1906 Republican two terms Otto Kelsey: May 17, 1906 January 13, 1909 Republican Henry D. Appleton: January 14, 1909 February 17, 1909
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [5]The National Association of Registered Agents and Brokers Reform Act of 2013 would amend the Gramm-Leach-Bliley Act to repeal the contingent conditions under which the National Association of Registered Agents and Brokers (NARAB) shall not be established.