X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Insurance Groups’ White Paper Urges Cost Containment For Statutory Financial Exams

Seven insurance trade groups–both in the property-casualty and life sectors–have jointly issued a white paper calling on the National Association of Insurance Commissioners to contain the costs of statutory financial examinations.

While commending the NAIC for its many improvements to the financial analysis process for monitoring the solvency of insurers, the white paper cites the “high degree of variation” among state financial examinations as the reason that “the current system isunnecessarily costly to insurers and therefore to the policyholders.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.