Latest statistics from the National Association of Insurance Commissioners indicates that the percentage of premiums going to pay losses increasing. Data contained in the National Association of Insurance Commissioners (NAIC) report on profitability by insurance line in 2014, released on December 31, 2015, illustrates the increasing percentage of underwriting dollars going to pay claims on […]
NAIC Elects 2016 Officers
Members of the National Association of Insurance Commissioners (NAIC) on November 22 elected its 2016 officers: President: Missouri Insurance Director John M. Huff President-Elect: Kentucky Insurance Commissioner Sharon P. Clark Vice President: Wisconsin Insurance Commissioner Ted Nickel Secretary-Treasurer: Tennessee Insurance Commissioner Julie Mix McPeak The newly elected officers will assume their duties on Jan. 1, […]