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Hawaii Recovers from Hurricane Lane

Hurricane Lane has passed by the Hawaiian Islands and has been downgraded to a tropical storm. The storm caused widespread flooding, landslides and power failures. The NAIC offers these resources for consumers as they begin recovery efforts. 

Insure U: Disaster Preparedness
National Hurricane Center

HAWAII INSURANCE DIVISION:
Hurricane Preparedness & Tips for Storm Claims

 

NAIC Responds to Congress

The NAIC sent a letter to Congress today in response to questions regarding the development of a Group Capital Calculation as it relates to health insurers.

CIPR Hosts Regulation and Innovation Event

More than 350 regulators, consumer representatives and industry stakeholders discussed regulation and innovation during the Center for Insurance Policy and Research's (CIPR) summer event. "Can Regulation Keep up with Innovation?" was held Aug. 6 during the NAIC Summer 2018 National Meeting.

NAIC Releases 2017 Insurance Department Resources Report – Volume Two

The NAIC released the second volume of the 31st edition of the Insurance Department Resources Report (IDRR).

The IDRR is intended to help state insurance departments assess their resources in comparison to other states. It details how state insurance departments manage available resources to effectively regulate a complex and competitive industry.

Administration Rule on Short-Term Health Plans Released

Statement from NAIC President and Tennessee Insurance Commissioner Julie Mix McPeak:

The NAIC is reviewing the final rule on short-term health plans and the potential impact on our consumers and markets. We are very appreciative that the rule protects state regulatory authority to oversee these plans. As insurance markets vary greatly state-to-state, it is critical we have maximum flexibility to address the needs of our markets while maintaining consumer protections.

Congress Extends Flood Program

The NAIC appreciates that Congress took action to pass a four-month extension of the National Flood Insurance Program (NFIP), avoiding a lapse in the program. The NAIC urges Congress to use this time to work towards a long-term reauthorization that supports private market development and resiliency planning. These measures would help provide consumers with additional choices and help minimize the impact of damage and economic loss. State insurance regulators stand ready to assist Congress in tackling the challenges of NFIP reauthorization and reform.

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