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 ismoving too fast to change the actuarial process, warns a leadinginsurance trade organization.

According to the Des Plaines, Ill.-based National Association ofIndependent Insurers, insurers are alarmed by the pace at which theNAIC's Actuarial Opinion Instructions Working Group is draftingchanges to the actuarial process for property-casualtycompanies.

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