naic

State insurance regulators have issued a consumer alert about the industry practice of retaining death benefit funds rather than paying them in a lump sum. The National Association of Insurance Commissioners is warning beneficiaries about retained-asset accounts, or accounts where insurers hold...

Payback can be a pain, and credit-rating firms may soon be paying in spades for missing the warning signs that led to the financial meltdown. Thursday's Wall Street Journal reported that the National Association of Insurance Commissioners (NAIC) may award bond analysis work on residential...

Standard & Poor's, Moody's (MCO) and Fitch will likely loose their stranglehold on bond ratings now that the National Association of Insurance Commissions has added its voice to the growing call for an end to the ratings agencies' oligopoly over bond ratings. The ratings agencies lost their...