Tag: NAIC

New Jersey Adopt Best-Interest Annuity Standards as 50th State

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

NAMIC Report Clarifies AI Myths in Insurance Pricing and Regulation

NAMIC report dispels common myths about AI use in insurance, emphasizing the need for industry-specific regulation and the benefits of accurate risk-based pricing to promote competition and consumer access.

New Jersey’s Adoption Marks Nationwide Best-Interest Standard for Annuity Sales

New Jersey finalizes nationwide adoption of the NAIC best-interest annuity sales standard, reinforcing state regulatory primacy and impacting retirement product compliance.

Washington State Insurance Statistical Reporting Requirements and Thresholds

Comprehensive overview of Washington state's statistical reporting requirements for property and casualty insurers, including premium thresholds, NAIC guidelines, and line-specific rules.