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The largest insurer in California said it would stop offering new coverage. It’s part of a broader trend of companies pulling back from dangerous areas. ....
Houston-based law firm McClenny, Moseley & Associates has been suspended from practice in a Louisiana federal court because of a judge’s concerns about its purported representation of clients with claims related to Hurricanes Laura, Delta and Ida. ....
Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities February 10, 2021 The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of insurance products for racial minorities. They say they will also remain active responding to the ongoing coronavirus pandemic and its impact on consumers and insurance markets. The state regulators’ organization, the National Association of Insurance Commissioners (NAIC), celebrating its 150th anniversary, announced its strategic priorities for 2021. “This year marks 150 years of NAIC members being unified in their commitment to protect consumers and ensure fair, competitive, and healthy markets,” said NAIC President and Florida Insurance Commissioner David Altmaier. “In 2021, we will continue this tradit ....
Florida’s Altmaier to Assume NAIC Presidency for 2021 December 29, 2020 Members of the association of regulators elected these leaders for the new year: President: Florida Insurance Commissioner David Altmaier David Altmaier Altmaier was appointed commissioner of the Florida Office of Insurance Regulation (OIR) by the Financial Services Commission on April 29, 2016. Altmaier began his public service at OIR in 2008, serving in a number of roles including chief analyst of the Property and Casualty Financial Oversight unit and deputy commissioner of Property and Casualty Insurance. Altmaier succeeds 2020 NAIC President and South Carolina Insurance Director Ray Farmer. President-Elect: Idaho Insurance Director Dean L. Cameron ....
Press release content from News Direct Corporation. The AP news staff was not involved in its creation. NAIC Elects 2021 Officers News Direct Members of the National Association of Insurance Commissioners (NAIC) elected officers for 2021 during the closing activities of its Fall 2020 National Meeting, Wednesday December 9, 2020. The following officers were elected for 2021: President: Florida Insurance Commissioner David Altmaier David Altmaier was appointed Commissioner of the Florida Office of Insurance Regulation (OIR) by the Financial Services Commission on April 29, 2016. Altmaier began his public service at OIR in 2008, serving in a number of roles including Chief Analyst of the Property and Casualty Financial Oversight unit and Deputy Commissioner of Property and Casualty Insurance. Altmaier currently serves on the following NAIC Executive Committees: Government Relations Executive Leadership Council (Vice Chair); Internal Administration Executive ....