NAIC Archives - Consumer Insurance Guide

How Drunk Tweets and Big Data Will Affect You and Your Insurance Premiums

By Todd Halterman
April 7, 2017June 24, 2019

Like it or not, Big Data is fast becoming critical to competing in the field of insurance from underwriting to rating in the property and casualty insurance markets. As a result, the National Association of Insurance Commissioners (NAIC) are taking up the gauntlet and their Innovation and Technology Task Force is focusing on offering consumer protections related to how that influx of data is utilized. The deputy commissioner and chief actuary from the Alabama Department…

Calif. agent arrested for scamming consumers for $1.4 million in commissions

By Emily Miller
October 7, 2014October 7, 2014

This week an Orange County insurance agent was arrested for scamming consumers for $1.4 million in commissions.

Ridesharing drivers may face insurance coverage gap

By Karla Sullivan
August 20, 2014August 20, 2014

Ridesharing uses mobile technology to connect passengers to drivers. Instead of hailing a cab from the curb or calling a 1-800 number, consumers download an app to their smartphones that allows the customer to request a ride.

Parents spend billions on child injuries

By Karla Sullivan
August 19, 2014September 11, 2014

From retrofitting a home for a new baby to teaching a teenager safe driving habits and everything in between, Americans work hard to keep their children safe.