National Association of Insurance Commissioners

Enrolling in Marketplace Coverage for 2024

Retrieved on: 
Tuesday, November 7, 2023
NAIC, Family, Platinum, Gold, California Insurance Commissioner, Health insurance, Silver, Hospital, National Association of Insurance Commissioners, Multimedia, National Association, Life insurance

WASHINGTON, Nov. 6, 2023 /PRNewswire/ -- The open enrollment period for 2024 health insurance coverage through marketplaces and other individual plans began on November 1. The National Association of Insurance Commissioners (NAIC) shares what you need to know to enroll.

Key Points: 
  • Consumers in many states use the federal marketplace through HealthCare.gov , and for them, open enrollment runs Nov. 1, 2023 – Jan. 15, 2024.
  • Those who currently have marketplace coverage, or will need it in 2024, should make time to shop for plans.
  • If you already have coverage through a marketplace plan, review your information to make sure it is accurate.
  • If your plan is no longer available in 2024, you should receive a notice from your insurer and the marketplace.

American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

Retrieved on: 
Wednesday, November 1, 2023
Professional Services, Insurance, Finance, National Association, P&C, Property, Fesco Transport Group, Policy, Specialty, S&P Global, Transport, NAIC, Environment, 1/3–2/3 conjecture, Growth, A&E, AFG, Asbestos, American Financial Group, Investment, Hurricane Ian, National Association of Insurance Commissioners, Soybean, Calendar, Reinsurance, Life insurance, Rare-earth element, Cryptocurrency

The Company also announced today that its Board of Directors has declared a special cash dividend of $1.50 per share of American Financial Group common stock.

Key Points: 
  • The Company also announced today that its Board of Directors has declared a special cash dividend of $1.50 per share of American Financial Group common stock.
  • This special dividend is in addition to the Company’s regular quarterly cash dividend of $0.71 per share most recently paid on October 25, 2023.
  • With this special dividend, the Company has declared $5.50 per share in special dividends in 2023.
  • We achieved an annualized core operating return of over 18% in the quarter, with strong underwriting results despite elevated catastrophe losses during the quarter.

Commissioner Arnold Testifies on Behalf of NAIC at U.S. House Financial Services Subcommittee Hearing

Retrieved on: 
Friday, November 3, 2023
Minnesota Department of Commerce, General insurance, Policy, Parity, National Association of Insurance Commissioners, Committee, Congress, NAIC, National Flood Insurance Program, NFIP, Climate, House, Consumer, Hearing, Housing, Task force, National Association, Insurance

Testifying at a hearing on "The Factors Influencing the High Cost of Insurance for Consumers," Commissioner Arnold observed how state insurance regulators "have the capacity to respond swiftly and nimbly to market conditions" in each of their markets.

Key Points: 
  • Testifying at a hearing on "The Factors Influencing the High Cost of Insurance for Consumers," Commissioner Arnold observed how state insurance regulators "have the capacity to respond swiftly and nimbly to market conditions" in each of their markets.
  • In her companion written testimony, Commissioner Arnold discussed NAIC Members' work on two of the biggest challenges facing the insurance marketplace: natural catastrophes and emerging technologies.
  • "We are on the front lines assisting consumers with policy questions and talking to businesses about their concerns.
  • She also urged support for the bicameral, bipartisan Disaster Mitigation and Tax Parity Act of 2023 (S. 1953 / H.R.

NAIC Data Call to Provide Robust Look at Property Insurance Availability, Affordability

Retrieved on: 
Thursday, November 2, 2023
Property, Insurance, Treasury, FIO, Committee, Data collection, Commissioner, Multimedia, NAIC, Federated Insurance Company of Canada, U.S. Department of the Treasury, Office of Inspector General, Property and casualty insurance guaranty funds, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, National Association of Insurance Commissioners, Investment, National Association

Work on the template for the ZIP-code-level data state insurance regulators will request from insurers is continuing under the direction of the Property and Casualty Insurance (C) Committee, chaired by Alan McClain, Commissioner of the Arkansas Insurance Department.

Key Points: 
  • Work on the template for the ZIP-code-level data state insurance regulators will request from insurers is continuing under the direction of the Property and Casualty Insurance (C) Committee, chaired by Alan McClain, Commissioner of the Arkansas Insurance Department.
  • The NAIC has been engaged in ongoing discussions regarding the data call with members of the insurance industry and state insurance regulators, as well as the U.S. Department of the Treasury's Federal Insurance Office (FIO).
  • State insurance regulators have been working to add granular data on availability and affordability of property coverage for consumers to the robust financial data on solvency and investments we already have.
  • This is part of our long-term, robust data collection strategy to help regulators nimbly respond to inquiries related to their property markets.

NAIC President Focuses on Earthquake, Other Natural Disaster Insurance Coverage During Nationwide Satellite Media Tour

Retrieved on: 
Monday, October 30, 2023
New Madrid Seismic Zone, Insurance, Earthquake, Wildfire, Commerce, Flood, Radio, National Association of Insurance Commissioners, Missouri Department of Social Services, Multimedia, NAIC, National Association, Music

President Lindley-Myers reminded insurance consumers that no area of the United States is exempt from natural disasters, and proper insurance coverage is imperative.

Key Points: 
  • President Lindley-Myers reminded insurance consumers that no area of the United States is exempt from natural disasters, and proper insurance coverage is imperative.
  • Lindley-Myers will join regulators, insurers, emergency management leaders, and government officials to discuss how consumers can "close the gap" on earthquake insurance coverage.
  • President Lindley-Myers' satellite media tour message emphasized the importance of exploring insurance options and obtaining adequate coverage.
  • She also reminded viewers to contact their state department of insurance if they have questions about insurance coverage, agents, companies, or claims.

Al Redmer Jr. Joins eHealth's Public Policy Advisory Committee

Retrieved on: 
Wednesday, October 11, 2023
Maryland House of Delegates, Government, National Association of Insurance Commissioners, MD, Local, EHealth, Delegate, Health, Surgeon, National Association, Public policy, Policy, Interstate 95 in Maryland, Nursing

SANTA CLARA, Calif., Oct. 11, 2023 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) (eHealth.com), a leading private online health insurance marketplace, today announced that Al Redmer Jr. has joined its Public Policy Advisory Committee, a panel of distinguished experts gathered to inform the company, the public, and policymakers on ideas for improving health care practices in both the public and private sectors.

Key Points: 
  • SANTA CLARA, Calif., Oct. 11, 2023 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) ( eHealth.com ), a leading private online health insurance marketplace, today announced that Al Redmer Jr. has joined its Public Policy Advisory Committee, a panel of distinguished experts gathered to inform the company, the public, and policymakers on ideas for improving health care practices in both the public and private sectors.
  • During his tenure he also served as Chair of the National Association of Insurance Commissioners' Health Insurance and Managed Care Committee.
  • "I'm very excited to welcome Al to our Public Policy Advisory Committee," said eHealth CEO Fran Soistman.
  • "eHealth's Public Policy Advisory Committee packs a real punch in terms of the collective experience of its members, and I'm excited to lend my voice to its efforts."

NAIFA CEO Represents Advisors and the Consumers They Serve in Meeting With Administration Officials on DOL's Fiduciary Proposal

Retrieved on: 
Tuesday, October 10, 2023
Congress, Security (finance), New York State Department of Labor, Mayeux, Environmental policy of the Joe Biden administration, National Association of Insurance Commissioners, Code of ethics in media, CAE, Administration, National Association, Reg, American Insurance Association, White House, Deposit Insurance Agency of Russia, White House Council on Women and Girls, Management, NAIC, Black, Adviser, National African American Gun Association, DOL, Office of Information and Regulatory Affairs, Confusion, Ethics, OMB, OIRA, Office of Management and Budget, Financial adviser, Insurance

ARLINGTON, Va., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Kevin Mayeux, CAE, CEO of the National Association of Insurance and Financial Advisors (NAIFA), told the Biden Administration in a meeting that the Department of Labor's (DOL's) current efforts to revive a fiduciary-only regulation for financial professionals is unnecessary and likely to harm low- and middle-income consumers.

Key Points: 
  • "NAIFA regularly meets with Administration officials to discuss issues important to financial professionals and the consumers NAIFA members serve," Mayeux said.
  • "NAIFA members work in their clients' interests because it's the right thing to do and because it's good business.
  • Additional action by the DOL at this time would create confusion for advisors and consumers without providing meaningful consumer protections.
  • "NAIFA will continue to work with the Administration and members of Congress on behalf of financial professionals and the consumers who depend on them to oppose an unnecessary and potentially harmful DOL Fiduciary Rule."

Healthiest 100 Workplaces in America - 2023 Winners

Retrieved on: 
Wednesday, October 4, 2023
University, Dallas Fort Worth International Airport, Insurance, College of the Holy Cross, CNO, Holy Cross, Cambia Health Solutions, National Association of Insurance Commissioners, Lincoln National Corporation, Public utility, Port of Portland, Witham Health Services, University of Massachusetts Chan Medical School, Treasury, International airport, Blue Shield, City, Health care, CNO Financial Group, Cole Resource Center, Blue Cross, Harris Health System, Healthiest State in the Nation Campaign, National Association, Benchmarking, Samaritan Health Services, Treasury Wine Estates, Nursing, Clothing, Sand, Citrus, Canal, Harbor, Frankincense, Lumber, Jet fuel, Cement

INDIANAPOLIS, Oct. 4, 2023 /PRNewswire/ -- Every year, Healthiest Employers® names the Healthiest 100 Workplaces in America award, comprising regional applicants of various sizes, locations, and industries.

Key Points: 
  • INDIANAPOLIS, Oct. 4, 2023 /PRNewswire/ -- Every year, Healthiest Employers® names the Healthiest 100 Workplaces in America award, comprising regional applicants of various sizes, locations, and industries.
  • The Healthiest 100 Workplaces in America for 2023 have been named by Healthiest Employers and Springbuk.
  • To qualify for the national award, applicants are also scored based on an additional section called "the Healthiest 100 Workplaces in America," which scores the applicant's essays and asks additional questions related to chronic conditions and workplace health.
  • Today, we currently host award ceremonies in over 45 regions across the country and applicants are not only eligible for local recognition, but also have the chance to earn a spot on the Healthiest 100 Workplaces in America.

Mark Farrah Associates Assessed a New Source of State-Level Accident and Health Insurance Data for 2022

Retrieved on: 
Thursday, September 7, 2023
Professional Services, Health, Communications, Data Analytics, Insurance, Health Insurance, Publishing, FEHBP, Medicare Advantage, State, MFA, Forest Law Enforcement and Governance Program, National Association of Insurance Commissioners, Government, Medicare Part D, NAIC, Medicare, Expatriate Health Coverage Clarification Act of 2014, PDP, National Association, Medigap, Accident, Health insurance, Medicaid

Mark Farrah Associates (MFA), www.markfarrah.com , examined a new source of state-level Accident and Health (A&H) insurance data for 2022, which is now available in Mark Farrah Associates’ (MFA) Health Coverage Portal™ .

Key Points: 
  • Mark Farrah Associates (MFA), www.markfarrah.com , examined a new source of state-level Accident and Health (A&H) insurance data for 2022, which is now available in Mark Farrah Associates’ (MFA) Health Coverage Portal™ .
  • The A&H insurance market is expansive, and the new data source contains premiums, claims, lives, member months, and number of policies for multiple accident and health insurance segments.
  • To read the full text of " New Source of State-Level Accident and Health Insurance Data for the Broader Insurance Industry ” visit the MFA Briefs library on Mark Farrah Associates' website .
  • MFA will continue to provide and simplify access to data across the broader Accident and Health industry.

Transamerica Taps Industry Leader Pooja Rahman as Chief Risk Officer

Retrieved on: 
Monday, September 11, 2023
Dai, University, Puja, Drake University, Insurance, Bachelor of Commerce, IID, Risk management, National Association of Insurance Commissioners, Federal Reserve Board of Governors, NAIC, Business administration, Risk, Protective Life, IPAC, National Association, Master of Business Administration, Commerce, Management, Transamerica

BALTIMORE, Sept. 11, 2023 /PRNewswire/ -- Transamerica announced today that Pooja Rahman will be appointed as Chief Risk Officer (CRO) and a member of the Transamerica Management Board, effective September 11, 2023.

Key Points: 
  • BALTIMORE, Sept. 11, 2023 /PRNewswire/ -- Transamerica announced today that Pooja Rahman will be appointed as Chief Risk Officer (CRO) and a member of the Transamerica Management Board, effective September 11, 2023.
  • Her responsibilities will include managing all risk and actuarial functions along with maintaining Transamerica's risk management framework and enhancing its risk management capabilities.
  • Ms. Rahman joins Transamerica from Dai-ichi Life Holdings, Inc.'s US subsidiary Protective Life Corporation, where she has served as Chief Risk Officer.
  • Ms. Rahman succeeds Julie Spore, who has served as Chief Risk Officer since 2019, and will remain with the company in a new senior leadership position.