NAIC, Regs Need To Act Before CongressionalThreats
Its getting to be a familiar refrain. The 50 states and theDistrict of Columbia develop confusing, overlapping and inefficientprocedures for performing certain core regulatory functions.
Insurance companies complain about the lack of uniformity andunnecessary expenses in the system. The states and the NationalAssociation of Insurance Commissioners promise to try and dosomething about it, but despite sincere efforts, any improvementsare marginal, at best.
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