In the latest entry in our commissioner spotlight series, we are focusing on the head of the Washington state Office of the Insurance Commissioner (OIC), Commissioner Mike Kreidler. Commissioner Kreidler has led the OIC for six terms since 2000. Earlier this year, Commissioner Kreidler announced he will not seek reelection and will retire when his …
Continue reading Commissioner Spotlight: Washington Insurance Commissioner Mike Kreidler
The Federal Emergency Management Agency (FEMA) recently announced plans to require every new and renewing National Flood Insurance Program (NFIP) policy to include both an agent and an agency National Producer Number (NPN) with a policy effective date on or after January 1, 2024. The announcement was made in FEMA’s Bulletin W-23005. During PIA’s most …
Continue reading FEMA Will Require Both Agent and Agency NPNs on NFIP Policies Beginning Jan. 1
Last month, the Federal Insurance Office (FIO) of the Treasury Department issued a Notice of Information Collection and Request for Comment (NIC/RFC) on its planned data collection of climate-related financial risk information associated with U.S. homeowners’ insurance underwriting. In its latest regulatory action, the FIO sought the approval of the Office of Management and Budget …
Continue reading PIA Reiterates Objections to FIO Climate Data Call
