National Association of Insurance Commissioners

Insure.com Names the Best Auto, Home, Life and Health Insurance Companies for 2023

Retrieved on: 
Wednesday, January 25, 2023
Health Insurance, Professional Services, Health, Insurance, Aetna, National Association of Insurance Commissioners, AM Best, Amica, Traveler, Life, New York Life Insurance Company, National Association, Policy, State Farm, Kaiser Permanente, Best, Car rental, Life insurance, Health insurance

Insure.com today released its rankings of the Best Insurance Companies for 2023.

Key Points: 
  • Insure.com today released its rankings of the Best Insurance Companies for 2023.
  • This is the 11th year Insure.com, the comprehensive resource for insurance information, has rated auto, home, life and health insurers.
  • Find the new report here: 10 best insurance companies of 2023
    Among the top insurance companies:
    Best car insurance, best home insurance and best life insurance company: State Farm
    Best car insurance company for cheap rates: Nationwide
    Best car insurance companies for customer satisfaction: Erie and Travelers
    Best car insurance company for drivers with tickets: Progressive
    Best home insurance company for cheap rates: Amica
    Best home insurance company for policy offerings: Auto-Owners
    Best life insurance company for low rates: New York Life
    Best health insurance company overall: Kaiser Permanente
    Best health insurance company for affordability: Aetna
    Editors used a variety of data sources to compile the rankings, including a survey of insurance consumers fielded to assess each company’s customer experience, claims handling ability, trustworthiness, digital experience and other important factors.
  • Editors also analyzed insurers’ rate information, AM Best financial stability scores, National Association of Insurance Commissioners’ complaint records and other third-party data.

NAIC Announces 2023 Regulatory Priorities

Retrieved on: 
Monday, February 13, 2023
Organization, National Association of Insurance Commissioners, LTCI, Catastrophe, Macroprudential regulation, Missouri Department of Social Services, Finance, MSA, National Flood Insurance Program, Commerce, Privacy, NAIC, Climate, Innovation, Environment, COE, Long-term care insurance, Multistate Anti-Terrorism Information Exchange, Insurance, Risk management, Computer security

WASHINGTON, Feb. 13, 2023 /PRNewswire/ -- Today, the National Association of Insurance Commissioners (NAIC) announced its strategic priorities for 2023.

Key Points: 
  • WASHINGTON, Feb. 13, 2023 /PRNewswire/ -- Today, the National Association of Insurance Commissioners (NAIC) announced its strategic priorities for 2023.
  • Each year, NAIC Members finalize the priorities and discuss potential workplans after assigning committee responsibilities .
  • "Our plans for 2023 position us well to continue to advance state-based solutions on current challenging issues.
  • In 2023, the NAIC will further equip consumers by creating a customized search tool to access the license status of insurance producers selling health insurance.

Brown Schultz Sheridan & Fritz Ranked One of AM Best's Top Audit and Actuarial Firms in the U.S. in 2022

Retrieved on: 
Thursday, January 26, 2023
National Association, Knowledge, National Association of Insurance Commissioners, Bank statement, BSSF, Policy, Insurance, Actuarial science, AM Best, Financial services

FREDERICK, Md., Jan. 26, 2023 /PRNewswire-PRWeb/ -- Regional premier advisory firm, Brown Schultz Sheridan & Fritz (BSSF), was recently ranked as one of the largest audit firms in the U.S. on AM Best's list of the Top Audit and Actuarial Firms – 2022 Edition. This marks the second consecutive year that BSSF has received this recognition.

Key Points: 
  • FREDERICK, Md., Jan. 26, 2023 /PRNewswire-PRWeb/ -- Regional premier advisory firm, Brown Schultz Sheridan & Fritz (BSSF), was recently ranked as one of the largest audit firms in the U.S. on AM Best's list of the Top Audit and Actuarial Firms – 2022 Edition.
  • BSSF was ranked the 23rd largest audit firm in the U.S., based upon the loss reserves of the property and casualty insurance clients served.
  • The Top Audit and Actuarial Firms ranking lists the top 25 firms in the U.S. based on loss reserves.
  • According to AM Best, "The firms that rank on the Top Audit and Actuarial Firms list understand statutory-based financial accounting.

NAIC Names Its 2023 Committee Leadership

Retrieved on: 
Wednesday, January 18, 2023
Colorado Division of Insurance, Consumer protection, Labour, Commerce, Pennsylvania Insurance Department, Name, Washington State Office of the Insurance Commissioner, Missouri Department of Social Services, Colorado Department of Regulatory Agencies, Division, National Association of Insurance Commissioners, Chair, Regulatory Agencies, NAIC, National Association, Regulation, Insurance commissioner, Minnesota Department of Commerce, Conduct of Employment Agencies and Employment Businesses Regulations 2003, South Dakota Department of Game, Fish, and Parks, South Carolina Department of Natural Resources, Management, Private investigator, Financial services, Insurance

KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.

Key Points: 
  • KANSAS CITY, Mo., Jan. 18, 2023 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) has named its 2023 committee chairs and vice chairs.
  • The NAIC also assigned members to its standing committees and named its 2023 task force chairs and vice chairs based on requirements established by the NAIC Bylaws .
  • "I look forward to seeing the work that the eight standing committees will produce and the lasting impact their work has on state-based regulation and the industry overall."
  • The 2023 NAIC committee leadership assignments are as follows.

Bermuda Risk Summit 2023 Kick-off Will Feature Premier’s Keynote and Global CEO Panel

Retrieved on: 
Tuesday, January 17, 2023
Consulting, Technology, Professional Services, Small Business, Security, Other Technology, Other Professional Services, Legal, Fintech, Insurance, Finance, EY, Transport, AM Best, Partner, Convex, Aspen, SVP, Partnership, SS&C, MP, BDA, Risk, Everest Re, Hyperexponential, Kirkland & Ellis, National Association, National Association of Insurance Commissioners, Growth, Recreation, Regulation, Parable of those who associate partners with God, AXA, Hon, JP, Hamilton Princess & Beach Club, Spectra, SS, Bermuda Monetary Authority, Sustainability, Food, Financial services, Management, Tourism, Nightclub, Mosaic, Policy

The second annual Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will begin on March 6 with a keynote conversation with Bermuda’s Premier, The Hon.

Key Points: 
  • The second annual Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY, will begin on March 6 with a keynote conversation with Bermuda’s Premier, The Hon.
  • David Burt, JP, MP, followed by a group CEO panel.
  • This figure does not include the additional visitors who flew to Bermuda for business meetings around the event.
  • The overall theme of the 2023 Bermuda Risk Summit, being held from March 6-8, is ‘Innovation, Sustainability and Collaboration.

Travelers Institute Kicks Off 2023 Virtual Programming

Retrieved on: 
Monday, January 9, 2023
Professional Services, Business, Other Professional Services, Insurance, Finance, Consulting, Well, White House Council on Women and Girls, Traveler, Attention, Council of Economic Advisers (Scotland), White House, Communication, The Travelers Companies, Food, Axios, National Association of Insurance Commissioners, Health, Series, NYSE, NAIC, Insurance, National Association, Former, Workforce, New Year, Wednesday, Public policy, TRV, Management

The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward® winter 2023 schedule.

Key Points: 
  • The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), today announced its Wednesdays with Woodward® winter 2023 schedule.
  • The webinar series is hosted by Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers, and features experts from a variety of industries.
  • “Our early 2023 lineup offers agents, brokers and customers the opportunity to explore different topics and gain insight into the matters that are ever pressing in our daily personal and professional lives,” said Woodward.
  • For more information about the Travelers Institute or the Wednesdays with Woodward® schedule of events, please visit Travelers.com/Travelers-Institute .

2022 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

Retrieved on: 
Wednesday, December 28, 2022
Freddie Mac, FMCC, National Association, OTCQB, National Association of Insurance Commissioners, NAIC, Hospitality industry

MCLEAN, Va., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published on its website the National Association of Insurance Commissioners (NAIC) 2022 filing year designations for certain STACR REMIC Trust, STACR Trust, and STACR Debt Notes.

Key Points: 
  • MCLEAN, Va., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published on its website the National Association of Insurance Commissioners (NAIC) 2022 filing year designations for certain STACR REMIC Trust, STACR Trust, and STACR Debt Notes.
  • NAIC Designations for year-end 2022 are available on our website in one single file .
  • Overall, of the 199 reviewed STACR Notes, 159 (or 79.89%) have achieved NAIC 1 Designation, 34 (or 17.08%) have achieved NAIC 2 Designation, and 6 (or 3.01%) have achieved NAIC 3 Designation.
  • It should be noted that 19 STACR Notes achieved NAIC Designation upgrades relative to their 2021 year-end NAIC Designations.

Insurance Product Management Gets Easier Thanks to Verisk’s Mozart Form Composer® Integration with FilingRamp

Retrieved on: 
Thursday, December 8, 2022
NAIC, Quality control, System, Software, Work, Climate change, VRSK, Insurance, National Association of Insurance Commissioners, Algorithm, Culture, Machine learning, Microsoft, Certification, Representational state transfer, National Association, API, Senior, ESG, Policy, Workflow, Music, Risk management, Wolfgang Amadeus Mozart, Verisk Analytics

The integration with FilingRamp gives Mozart users an end-to-end forms solution, where they can easily analyze, develop and submit updated forms to regulators in a single workflow.

Key Points: 
  • The integration with FilingRamp gives Mozart users an end-to-end forms solution, where they can easily analyze, develop and submit updated forms to regulators in a single workflow.
  • Mozart can help insurers create and manage policy forms and endorsements across the entire product life cycle, helping to create significant workflow efficiencies and cost savings.
  • FilingRamp features full two-way API integration with SERFF, helping to automate form submissions.
  • “FilingRamp and Mozart together allow insurers to submit filings with improved speed, shaving valuable time from the process.

KBRA Assigns Ratings to Senior Notes and Mandatory Redeemable Preferred Shares Issued by Tortoise Pipeline & Energy Fund, Inc. (TTP)

Retrieved on: 
Friday, December 16, 2022
Finance, Oil, Gas, Energy, Professional Services, Utilities, Ontario Securities Commission, Investment Company Act of 1940, Fund, Note, NAV, NYSE, KBRA, CRA, MRPS, Policy, Credit, Disclosure, Insurance commissioner, TTP, Prospectus, Jetivia SA v Bilta (UK) Limited (in liquidation), Union, European Securities and Markets Authority, Debt-to-GDP ratio, National Association, COVID-19, National Association of Insurance Commissioners, Atlas, Security (finance), Telescopic sight

KBRA assigns ratings of ‘AAA’ for the Senior Notes (the “Notes”) and ‘A+’ for the Mandatory Redeemable Preferred Shares (“MRPS”) issued by Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) (“TTP” or the “Fund”).

Key Points: 
  • KBRA assigns ratings of ‘AAA’ for the Senior Notes (the “Notes”) and ‘A+’ for the Mandatory Redeemable Preferred Shares (“MRPS”) issued by Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) (“TTP” or the “Fund”).
  • Additionally, KBRA assigns a ‘Stable’ Outlook to the Notes and MRPS.
  • The Fund had its Initial Public Offering in October 2011 and its shares are listed on the New York Stock Exchange under the symbol TTP.
  • Since inception through November 2022, the Fund has average senior and total asset coverage of 533% and 408%.

KBRA Assigns AA+ Rating to TBTA’s Payroll Mobility Tax (PMT) Senior Lien Refunding Green Bonds, Series 2023A (Climate Bond Certified)

Retrieved on: 
Friday, December 16, 2022
Banking, Professional Services, Finance, Ontario Securities Commission, Triborough Bridge, Tunnel, TBTA, KBRA, Climate bond, CRA, Credit, Metropolitan Transportation Authority, Insurance commissioner, Issuer, Prospectus, Jetivia SA v Bilta (UK) Limited (in liquidation), European Securities and Markets Authority, Union, PMT, National Association, ESG, National Association of Insurance Commissioners, Security (finance), Telescopic sight

KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Senior Line Refunding Green Bonds, Series 2023A (Climate Bond Certified).

Key Points: 
  • KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Senior Line Refunding Green Bonds, Series 2023A (Climate Bond Certified).
  • Concurrently, KBRA affirms the long-term AA+ rating with a Stable Outlook for the outstanding TBTA Payroll Mobility Tax Senior Lien Bonds and the short-term K1+ rating to the PMT Bond Anticipation Notes issued by TBTA and the Metropolitan Transportation Authority.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.