Tag: National Association of Mutual Insurance Companies

Workers compensation insurance market starts to feel the COVID-19 pinch

Logan B.
Workers Compensation insurance - Coronavirus - mask

The coronavirus is now making itself felt in this additional part of the industry. Workers compensation insurance companies are now working quickly to keep up with the sudden influx of claims resulting from the coronavirus pandemic. This has been made all the more complex as the regulatory landscape shifts throughout the country. Many states have been changing the regulations to which the workers compensation insurance companies must adhere in the face of COVID-19. For instance, the state commission for this coverage gave its unanimous approval to repeal a controversial emergency…

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SmarterSafer.org Praises Senators’ Efforts to Bring Long-Term NFIP Reauthorization to Senate Floor

Guest Author

SmarterSafer.org today praised a letter from David Vitter (R-LA) and Jon Tester (D-MO) to Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) urging the Senate to pass long-term reauthorization of the National Flood Insurance Program (NFIP). The letter, signed by a bipartisan coalition of 41 Senators, asks the Leaders to bring the legislation to the Senate floor as expeditiously as possible. “The Senate should take this opportunity to capitalize on the bipartisan efforts by both the Senate Banking Committee and the House of Representatives thus…

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A new eLearning Platform will provide assistance for the insurance industry and its customers

The top provider of data and identity risk management services, Identity Theft 911, has revealed that it is offering a brand new eLearning Platform that has been created to provide personalized online training to enhance its data breach and identity theft avoidance and resolution services. The organization is demonstrating this new online solution at the 116th National Association of Mutual Insurance Companies (NMAIC) Annual Convention. The NMAIC convention is the biggest meeting of insurers in the United States and is being held from September 18 through September 21, 2011 in…

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An undecided Senate panel hears plans regarding the National Flood Insurance Program

S.Vagus

The National Flood Insurance Program, which provides flood insurance to the majority of homes in flood prone and coastal areas throughout the country, will lapse at the end of September. Legislators are feeling the pressure of a hurricane season that is bringing a sleuth of storms from the Atlantic Ocean as well as insurance companies to make changes to the existing program so that it will continue. The other day, a Senate Banking subcommittee heard recommendations from representatives of the Government Accountability Office. The panel heard proposed improvements to the…

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