A highly competitive auto insurance marketplace is making coverage more widely available and affordable for all drivers, according to the Insurance Information Institute (I.I.I.), even though insurance is also a heavily regulated industry. The I.I.I. made the observations in response …
National Fire Adjustment (NFA) President Ronald J. Papa recently testified before the Catastrophe Loss Committee with the National Association of Insurance Commissioners (NAIC) at the Gaylord Hotel Conference Center in Washington, D.C. Insurance company executives, media representatives and pro consumer …
More teenage motor vehicle fatalities happen in summer than any other time of year. While teen driving statistics are troubling, research shows teens whose parents set rules are half as likely to get in an accident. The National Association of …
The National Association of Insurance Commissioners (NAIC) has set up a call center to assist with adjuster licensing in the aftermath of the tornadoes that hit central Oklahoma in May. Housed at the NAIC’s Central Office in Kansas City, the …
Nationwide, an average homeowner paid $909 for homeowner insurance coverage in 2010, up 36 percent from 2003. Inflation rose 19 percent during the same period. Here’s a look at what homeowners in states bordering the Atlantic Ocean or Gulf of …
U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National Association of Insurance Commissioners (NAIC) said it has signed a Memorandum of …
More than half of Americans don’t have a home inventory of their possessions, according to a February 2012 survey from the National Association of Insurance Commissioners. This was highlighted by the many Joplin residents who were underinsured when the tornado …
According to Insurance Commissioner Adam Hamm, North Dakotans are paying the second lowest auto insurance premiums in the nation. This is according to the “Auto Insurance Database Report 2008/2009,” recently released by the National Association of Insurance Commissioners. “While other …
New data from by the National Association of Insurance Commissioners shows that homeowners insurance premiums in Louisiana remain among the nation’s highest, but are rising much more slowly than they did in the first two years after Hurricane Katrina. The …