Opinions Diverge On Market Conduct Recentindustry discussions suggest that there is significant disparityover how to create a market conduct mechanism, a goal mostsupport.

That disparity was highlighted at a public hearing sponsored bythe National Conference of Insurance Legislators, Albany, N.Y. Itwas evident again during a discussion among regulators and insurersover how to proceed with a market conduct annual statement projectcurrently being developed by the National Association of InsuranceCommissioners, Kansas City, Mo.

There is a “strong desire” on the part of trade groups to seeNCOIL work in collaboration with the NAIC, said Tim Tucker, NCOILdirector of state-federal affairs.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.