Archive

  • NAIC climate data call could leave FIO in the cold

    26 March 2024

    Climate and its impact on insurers has been a source of acrimony between state and federal insurance regulators in the US. The NAIC's recently issued climate data call, following the initiative of FIO, might not represent the warming of relations it initially seems. Sarfraz Thind reports

  • Insurers sanguine about NAIC's P&C data call

    11 March 2024

    Consumer groups praise FIO for pushing NAIC to finally gather insurability and climate data

  • Consumer champ Birny Birnbaum exits NAIC advocacy role with "little or no progress made in 20 years"

    27 February 2024

    The NAIC is "where consumer protection goes to die," he says in parting shot at regulator

  • US auto rates soar as inflation rocks business

    12 January 2024

    Concern that insurers leverage a crisis to extract excess profits, says consumer group

  • US FIO and NAIC fissures grow

    12 December 2023

    NAIC's "weak" criticisms of FIO data call rankles participants

  • Who's to blame for the US insurance crisis?

    01 September 2023

    Is the growing US property insurance crisis caused by greedy insurers or sleepy regulators? Sarfraz Thind speaks to industry and consumer groups to get their perspectives

  • NAIC's discrimination investigation lacks substance, says think-tank

    18 August 2021

    Regulatory body voted this week to investigate insurer activities which could marginalise minorities

  • NAIC highlights big data as driver of insurance sector inequality

    17 August 2020

    Participants at NAIC race and insurance session say big data is perpetuating racial disparities

  • NAIC still failing to address racial bias in underwriting

    06 August 2020

    Use of AI and other data penalises minorities, says CEJ's Birny Birnbaum

  • Big data an "existential challenge" to state regulation system

    06 January 2017

    Regulations are not keeping up with technology, says Birny Birnbaum