The Latest Breaking News from NAIC

Does A Young Person Really Need Life Insurance?

A young person does not automatically need life insurance. If nobody relies on that person’s income and no one would face a serious financial burden after their death, buying a policy may solve a problem that does not exist.

The Free Financial Advisor · Oct 5

8 Reasons Seniors Over 70 May Struggle to Find Affordable Life Insurance

Shopping for life insurance at 72 or 75 can produce some sticker shock, especially if you remember buying inexpensive term coverage decades earlier. The problem...

Saving Advice · Oct 1

Insurers Are Betting on AI to Find Hidden Profit. Can the Models Hold Up Under Pressure?

A combination of inflation, geopolitical shocks and climate volatility has made insurance pricing highly unpredictable.

International Business Times · Sep 24

7 Homeowners Insurance Questions Every Retiree Should Ask Before the Next Big Storm

After a major storm, many homeowners discover an expensive truth: having homeowners insurance doesn’t necessarily mean every type of damage is covered. Some retirees are...

Saving Advice · Aug 6

NAIC confirms data breach with ShinyHunters claiming 3.1TB of data stolen in Oracle zero-day attack

Insurer regulatory filing documents, customer bulk orders, and more, stolen in a major zero-day supply chain attack

TechRadar · Jun 26

Two Pokémon TCG Players DQ'd in Day 2 of NAIC 2024

The community is torn on whether these two TCG players cheated or not.

Sports Illustrated · Jun 10, 2024

Unauthorized ACA plan switches drive call for action against rogue agents

Federal and state regulators are mulling what they can do to thwart the growing problem. Rogue health insurance brokers are switching consumers' plans without permission and collecting the commission.

WEKU · Apr 8, 2024

Lawmakers, regulators seek long-term care insurance solutions

WASHINGTON — The long-term care insurance industry is foundering, and attempts to address the issue have flummoxed lawmakers and regulators.

Tribune News Service · Apr 27, 2022

Lawmakers, regulators seek long-term care insurance solutions - Roll Call

Companies providing long-term care insurance are leaving the business, raising the risk of higher premiums for patients.

Roll Call · Apr 27, 2022

Climate must be about risk, not politics, insurance leader says - Roll Call

Climate change should be assessed according to its risks rather than be polarized around politics, a top industry official says.

Roll Call · Apr 21, 2022