Registration Opens for NAIC’s 2020 Fall National Meeting
WASHINGTON (Sept. 25, 2020) – Registration for The National Association of Insurance Commissioners (NAIC) Fall National meeting is now open. The 2020 NAIC Fall National Meeting, initially scheduled to be held in Indianapolis, Indiana, will be held in a virtual format December 3 – 9, 2020.
“Although we can’t meet in person, I’m excited about this year’s virtual Fall National meeting. Participants can expect a full and interactive agenda, with many informative sessions, just like with previous meetings,” said NAIC President and South Carolina Department of Insurance Director, Ray Farmer. “I encourage those interested in attending to register early.”
Homeowners and business insurance policies do not cover earthquake damage. You may want to buy an earthquake insurance policy to help decrease financial losses in the aftermath of an earthquake.
When you shop for an earthquake policy, don't forget about the deductible. A deductible is the amount the homeowner is responsible for paying on each claim. The insurer is responsible for the amount greater than the deductible, up to the coverage limit.
Do You Know How to be a Life Insurance Beneficiary?
Tens of millions of dollars in death benefits go unclaimed each year because beneficiaries lack basic information about their deceased loved one’s life insurance policies. The National Association of Insurance Commissioners (NAIC) wants to help consumers be prepared.
When it comes to receiving a death benefit after a family member or significant other dies, many people are unprepared to collect. Better communication between policyholders and beneficiaries will improve the situation.
As Millennials Approach 40, Life Insurance Should Be on the Agenda — But Many Are Not Prepared
WASHINGTON (September 16, 2020) — Millennials (24–39 years old) are approaching a milestone birthday as the first in the generation turns 40. And as they age, there's a chance they will become owners and beneficiaries of life insurance policies. Along with new life insurance policies come responsibilities to be aware of, like learning about key information that will ensure that benefits get paid when needed.
NAIC Life Insurance Policy Locator Matches More Than $1 Billion in Life Insurance Benefits and Annuities to Beneficiaries
WASHINGTON (Sept. 14, 2020) – The National Association of Insurance Commissioners’ (NAIC) Life Insurance Policy Locator continues to connect consumers with life insurance benefits. Each year, millions of dollars in life insurance benefits go unclaimed by beneficiaries who can't find their deceased loved ones' policies or, in some cases, may not even know the policies exist.
NAIC Hires Diversity, Equity, and Inclusion Director
WASHINGTON (Sept. 9, 2020) – The National Association of Insurance Commissioners (NAIC) announces Evelyn Boswell as the company’s Diversity, Equity, and Inclusion (DE&I) Director. Boswell will start her new role effective mid-September. The DE&I function reinforces the NAIC’s commitment to creating a diverse and inclusive workplace. Boswell’s appointment is a first for the organization. Based in Kansas City, Missouri, Boswell will be responsible for leading the NAIC Diversity, Equity, and Inclusion efforts throughout the organization, including overseeing the newly formed DE&I Council.
3:30 PM ET, 2:30 PM CT, 1:30 PM MT, 12:30 PM PT This is a regulator only session because the discussion or action contemplated will include:
Internal or administrative matters of the NAIC or any NAIC member, including budget, personnel and contractual matters, and including consideration of internal administration of the NAIC, including, but not limited to, by the Internal Administration (EX1) Subcommittee or any subgroup appointed thereunder.