Special Reports
NAMIC Special Report – NCOIL Recap
December 18, 2019 The National Council of Insurance Legislators convened late last week in Austin, Texas, immediately following the fall National Association of Insurance Commissioners’ meeting. Fifty-nine legislators from 29 states, nine insurance departments, and... Read more
NAMIC STATE AFFAIRS 2019 LEGISLATIVE RECAP
November 18, 2019 This year NAMIC advocates celebrated legislative victories and successfully staved off bills that would negatively impact the insurance... Read more
2019 State Elections
November 7, 2019 Several off-year state elections were held Nov. 5, including elections for statewide offices in Kentucky and state legislative elections in Virginia and New Jersey. A few pundits have billed a handful of these races as the litmus test for the... Read more
New Proposed Disparate Impact Rule Published in Federal Register
August 18, 2019 The United States Department of Housing and Urban Development officially released a proposed rule today that would amend HUD’s interpretation of how parties can bring discrimination claims under a... Read more
SPECIAL REPORT | HUD Releases New Proposed Disparate Impact Rule
July 30, 2019 The Department of Housing and Urban Development released its new proposed disparate impact rule July 29, signaling a possible end to the more than five-year challenge NAMIC has led to the original rule. As originally written, the rule could have... Read more
NCOIL Special Report – July 2019
July 19, 2019 Over the weekend, 57 state legislators from 27 states met at the National Council of Insurance Legislators summer meeting. NAMIC’s advocacy team was in attendance to represent the members on a variety of topics of interest. Highlights from the... Read more
Special Report | Feedback Requested on A.M. Best BCRM Scoring Process
April 19, 2019 NAMIC has been working with A.M. Best for the past several years on changes to its credit rating methodology. Most recently A.M. Best developed a proposal to include “innovation” as a component of the BCRM scoring process. Read more
SPECIAL REPORT | NCOIL Spring Meeting
March 26, 2019 The National Council of Insurance Legislators met in Nashville March 15-17 for its 2019 spring meeting, where 44 state legislators from 22 states came together to contemplate many issues of importance to NAMIC members. The NAMIC advocacy team was on... Read more
FAA Proposes New Drone Rules for Flying Over People and At Night
February 13, 2019 The Federal Aviation Administration published three new actions in the Federal Register Feb. 13 designed to encourage the safe testing and deployment of drones... Read more
SPECIAL REPORT | NAMIC to Continue Disparate Impact Challenge as Newly Merged Group Withdraws From Case
February 6, 2019 From the day that NAMIC first discovered the Department of Housing and Urban Development’s attempts to hold insurance companies liable for discrimination on the basis of statistical anomalies without any intent... Read more
Special Report: FAA to Propose New Drone Rules for Flying Over People and At Night
January 15, 2019 Billed as the "World's Largest Gathering of Transportation Professionals," more than 13,000 industry leaders including NAMIC, policymakers, administrators, and researchers from government, industry, and academia... Read more
Treasury to Negotiate New Covered Agreement With United Kingdom
October 24, 2018 The Federal Insurance Office and the Office of the United States Trade Representative have notified Congress of their intent to negotiate a new covered agreement with the United Kingdom. This would be the second such covered agreement to be... Read more
NAMIC to Continue Opposition as ALI Approves Insurance Liability Law Restatement
May 22, 2018 Earlier today, the general membership of the American Law Institute voted to give final approval to a new Restatement of the Law of Liability Insurance. NAMIC, has been contesting this controversial proposal for more than half a decade, from its ... Read more
SPECIAL REPORT | HUD Issues Update on Disparate Impact Rule
May 10, 2018 The U.S. Department of Housing and Urban Development said in a May 10 press release that it anticipates seeking the public's comment on whether its 2013... Read more
Disaster Mitigation: Winning in Washington
March 13, 2018 It's no secret that Washington has been mired in increasing partisanship and discord in recent years. Congress seems to only pass really large pieces of legislation and often only after near-calamitous events like government shutdowns. This ... Read more
NCOIL Spring Meeting Recap
March 7, 2018 NAMIC represented members March 3-4 at the 2018 spring meeting of the National Council of Insurance Legislators. Fifty-one lawmakers from 31 states attended the first of three scheduled meetings for... Read more
Special Report: Treasury Releases Report on Insurance Regulation
October 27, 2017 Further, the report supports NAMIC’s position that the group capital calculation being crafted by the states should be harmonized with the Federal Reserve’s Building Block Approach, to mitigate duplicative and unnecessary... Read more
California: Governor Signs Bill to Assist Insurance Consumers in Determining Who is Their Insurer After a Declared Disaster
October 2, 2017 Gov. Jerry Brown has signed into law SB 569, Insurance: Disasters: Identification of Insurer authored by Sen. Bill Monning. It goes into effect on Jan. 1, 2018... Read more
U.S. Signs Covered Agreement With European Union
September 25, 2017 The United States signed a bilateral agreement with the European Union on Sept. 22 that eliminated trade barriers for insurers and reinsurers doing business in the other's jurisdiction. The agreement was the culmination of... Read more
NAMIC’s Challenge to The ALI Restatement of Insurance Liability Results in Delayed Vote
May 22, 2017 NAMIC has succeeded in winning a delayed vote by the American Law Institute on a proposed Restatement of Insurance Liability scheduled for May 23. The Restatement could create new... Read more
NAMIC Continues to Challenge HUD's Disparate Impact Rule Despite Judge's Delays
May 17, 2017 NAMIC's challenge to the Department of Housing and Urban Development's disparate impact rule has again been delayed, seemingly as two branches of government work out which... Read more
NAMIC President and CEO Chuck Chamness to Testify on Covered Agreement
February 15, 2017 NAMIC president and CEO Chuck Chamness will testify before the House Financial Services Subcommittee on Housing and Insurance at 10 a.m. Feb. 16 on the draft covered agreement recently released between the United States and the... Read more
SPECIAL REPORT: NAMIC Analysis of the 2017 Bilateral Covered Agreement
February 6, 2017 One of the final acts of the Obama administration was the Jan. 13 release of an agreement between the United States and the EU on insurance regulation. This agreement was negotiated over the last three years in closed, confidential... Read more
