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West Virginia’s Cline elected as next president of NAIC
West Virginia Insurance Commissioner Jane Cline was elected as the next president of the National Association of Insurance Commissioners. Jane Cline Cline, elected along with three others to the...
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Wellmark delays rate increase after pressure from Iowa officials
Another large health insurance company has postponed its proposed rate hike amid questions from state officials, this time in Iowa. Wellmark Blue Cross and Blue Shield, which covers more than 2 million...
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U.S.-EU dialogue to sync insurance regulations continues
Insurance representatives from the U.S. and Europe met in Washington, D.C., for two days earlier this month, as part of the ongoing dialogue concerning challenges with international insurance...
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Former Virginia insurance commissioner Al Gross dies
Alfred W. Gross, one of the longest serving insurance commissioners in the U.S., died this week, less than seven months after he gave up his post has Virginia’s insurance regulator. He was 64. Alfred...
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Investments of insurers ‘unaffected’ by S&P’s U.S. ratings downgrade
Update: 10 insurers with direct, indirect U.S. risks see S&P ratings drop Insurers’ investments should not be affected by the decision of Standard & Poor’s Ratings Service to lower the U.S....
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NAIC: Multi-state health exchange plans could stymie competition
The National Association of Insurance Commissioners (NAIC) is telling federal officials that its proposal for regulating new federally mandated multi-state health insurance plans could upset state...
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Rep. Royce asks NAIC to answer if it is regulatory or ‘private group’
A congressman from California is asking the organization representing state insurance commissioners to explain what it meant last summer when it said it wanted to “to brand itself as a...
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