FEATURED INDUSTRY NEWS Legislation/Regulation P&C WRIN.tv Newswire Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO. Chuck Chamness, President and CEO of the National Association of Mutual Insurance Companies (NAMIC), says the industry can take a victory lap after renewal of the Terrorism and Risk Insurance Act (TRIA) for seven years. Social Inflation and “nuclear verdicts” are on everyone’s mind now, according to Mr. Chamness, and NAMIC is studying the causes and potential solutions to judgments … Read More
WRIN.tv Newswire Michael Consedine to Serve as NAIC CEO MIAMI BEACH, Fla. (Dec. 10, 2016) — Former Pennsylvania Insurance Commissioner Michael F. Consedine has been named Chief Executive Officer (CEO) of the National Association of Insurance Commissioners (NAIC), effective in early 2017. Consedine will lead the NAIC’s Washington, D.C. office with primary responsibility over state and federal government affairs and international activities. He will work closely with NAIC members, … Read More