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Distracted Driving

President Signs Bill with NAIC Priorities

Today the president signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) which includes two NAIC legislative priorities. The bill includes language from the Senior Safe Act, sponsored by Sens. Susan Collins and Claire McCaskill, which encourages reporting of suspected financial exploitation. It also includes the text of the International Insurance Capital Standards Accountability Act sponsored by Sens. Dean Heller and Jon Tester, which formalizes structures for congressional oversight, increased transparency of international insurance standard-setting activities and consultation with state insurance regulators.

State Insurance Regulators Head to the Hill

More than half of NAIC's members are in Washington, D.C. this week. Before meeting their congressional delegations, they will meet with U.S. Department of Labor Secretary Alexander Acosta, U.S. Congressman Dennis Heck (D, WA-17), the new Financial Stability Oversight Council (FSOC) Independent Insurance Expert Thomas Workman and Counselor to the U.S. Department of the Treasury Secretary Craig S. Phillips. Political analyst Charlie Cook will give a presentation. Later this week NAIC leadership will meet with U.S. Securities and Exchange Commission Chairman Jay Clayton.

Learn more about the NAIC's legislative priorities.

Distracted Driving

Global Insurance Markets Focus of NAIC International Insurance Forum

U.S. and international insurance regulators focused on emerging issues for the supervision of insurers and reinsurers operating globally during the 12th annual NAIC International Insurance Forum.

SC Passes NAIC Cyber Model

NAIC Vice President and South Carolina Insurance Director Ray Farmer leads the way as South Carolina is the first state to pass the NAIC Insurance Data Security Model Law.

 

Read the news release (South Carolina Department of Insurance)

State Regulators Fight Unfair Air
Ambulance Billing

The NAIC supports inclusion of language in the Federal Aviation Administration (FAA) Reauthorization bill to protect consumers from excessive air ambulance expenses. The NAIC applauds the House for inclusion of such language and urges the Senate to do the same.

Read the Comment Letter

Distracted Driving

Keep The Road Code: NAIC Unveils Distracted Driving Awareness Campaign

April is Distracted Driving Awareness Month, and the NAIC today announced the launch of Keep the Road Code, a new campaign that focuses on preventing distracted driving. This campaign aims to educate consumers on the dangers of driving while distracted whether it is from impairment, texting or doing anything that takes their eyes off the road or hands off the wheel.

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