NAIC proposes phasing out investment subsidiary reporting in insurer annual statements and RBC instructions to improve transparency and regulatory oversight in insurance investment practices.

NAIC CEO Gary Anderson resigns effective Oct 29. Jeff Johnston named interim CEO as NAIC plans budget growth and regulatory modernization, including AI and risk-based capital updates.

U.S. insurance regulators debate AI governance with varied approaches from NAIC principles and Colorado's rules to NCOIL's model law. Industry voices emphasize balanced oversight and innovation.

NAIC's 2025 Summer Meeting advances state-based insurance regulation modernization with a focus on RBC governance, reinsurance oversight, consumer protection, and regulatory clarity.

Missouri tornado zones show high uninsured rates; Texas floods spur active insurance outreach. NAIC anticipates FEMA shifting more disaster responsibilities to states.

The NAIC is urged to recommend stronger consumer transparency and appeal rights related to undisclosed risk characteristics in property and casualty insurance, addressing rising premiums and coverage issues.

The NAIC Life Actuarial Task Force adopts a new disclosure-only guideline for reinsurance asset testing, with initial data reporting mandated by 2026 to enhance transparency in life insurer reserves.

Erie Insurance released its Q1 2025 NAIC statutory financial statement detailing assets, liabilities, reserves, income, and surplus, illustrating the company’s financial position and regulatory compliance.

Louisiana Department of Insurance achieves NAIC accreditation for financial solvency regulation and secures multiple NAIC leadership appointments for 2025, enhancing its role in national insurance oversight.

New Jersey completes nationwide adoption of NAIC best-interest annuity standards, aligning state and federal regulations on insurance producer obligations and consumer protections.