NAMIC: States Seem Amenable To Less Regulation
NU Online News Service, Oct. 6, 10:18 a.m. EDT?States seem to be growing supportive of less intrusive regulation of insurance, especially as it deals with setting rates, a National Association of Mutual Insurance Companies official told securities regulators.[@@]
NAMIC Senior Vice President for State and Regulatory Affairs Roger H. Schmelzer said another "underreported" major trend in insurance public policy is "a subtle shift of power" from regulators to state legislators with respect to where insurance public policy originates."
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