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August 06, 2014

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS UNDERCOUNTS MODEL ACT ADOPTERS.

   The National Association of Insurance Commissioners seems to have misplaced two States.  The NAIC counts seven (7) jurisdictions including three (3) States among those jurisdictions which supposedly have not enacted the NAIC's Model Unfair Claims Settlement Practices Act.

   Two of the States on the NAIC's 'non-adopters' list actually adopted the Unfair Claims Settlement Practices Act, though:  Iowa (over 30 years ago) and Nevada.  The one State on the NAIC list which is listed accurately as a 'non-adopter' is Mississippi.

   The NAIC Unfair Claims Settlement Practices Acts originally proposed beginning in 1972 are totally addressed in 1 DENNIS J. WALL, LITIGATION AND PREVENTION OF INSURER BAD FAITH Section 3:28 (West Publishing Co. 3d Edition and 2014 Supplement); 2 id. Section 9:14.

Please Read The Disclaimer.  Copyright 2014 by Dennis J. Wall.  All rights reserved.  No claim to original U.S. Government works.

Posted by on August 06, 2014 at 10:15 AM in National Association of Insurance Commissioners ("NAIC") |