Chicago–Industry trade groups have complained at a meeting ofthe National Association of Insurance Commissioners that they don'tlike the way the NAIC is handling a database of insurance agentfingerprints that is being developed.
During an industry liaison meeting with regulators, MichaelLovendusky, a representative with the American Council of LifeInsurers, Washington, questioned the handling of the database thatis being developed by both the NAIC and National Insurance ProducerRegistry.
Mr. Lovendusky told commissioners that what was supposed to be ajoint effort to facilitate collection of producer fingerprints inconjunction with a Fingerprint Model Act is now an effort "toreduce NIPR to an operating subsidiary of the NAIC."
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