Slow Down Changes to Actuarial Process, NAII Says

NU Online News Service, May 8, 11:05 a.m. EST?The National Association of Insurance Commissioners is moving too fast to change the actuarial process, warns a leading insurance trade organization.

According to the Des Plaines, Ill.-based National Association of Independent Insurers, insurers are alarmed by the pace at which the NAIC's Actuarial Opinion Instructions Working Group is drafting changes to the actuarial process for property-casualty companies.

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