NAII Joins Legal Fight Against OCC
NU Online News Service, April 8, 1:31 p.m. EST?The National Association of Independent Insurers said it has joined agent groups in a lawsuit challenging the Office of the Comptroller of the Currency's move to disallow state laws regulating bank sales of insurance.
NAII, based in Des Plaines, Ill., said it filed a "friend of the court," amicus brief in the U.S. District Court of the District of Columbia last week challenging an OCC opinion letter to West Virginia authorities as a move that "undermines the state regulatory system."
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