The House of Representatives has passed the National Associationof Registered Agents and Brokers Reform Act of 2008 (H.R. 5611), orNARAB Reform Act, which will streamline the multistate licensingprocess for insurance producers without creating a federalregulator
|The bipartisan NARAB Reform Act was introduced byRepresentatives David Scott and Geoff Davis in early 2008. Thislegislation modifies the original NARAB provisions of theGramm-Leach-Bliley Act to immediately establish NARAB as a private,non-profit entity managed by a board composed of insuranceregulators and marketplace representatives.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
