Orlando, Fla.–Insurance regulators meeting here have taken a step toward approving model legislation that requires fingerprinting of insurance agents, but exempts company executives.
Action on the revised proposal occurred during a committee session of the National Association of Insurance Commissioners meeting here, which also heard a preliminary industry report indicating regulators are doing fewer examinations of insurers.
The Market Regulation and Consumer Affairs “D” Committee after discussion sent the Fingerprint Model Act to the NAIC's Executive Committee and Plenary.
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