The National Conference of Insurance Legislators has taken insurance regulators to task for holding closed door meetings that they said violate legal restrictions on such sessions.
NCOIL Vice President Brian Kennedy said in a letter to Walter Bell, president of the National Association of Insurance Commissioners, that the NAIC is "abusing the use and purpose of executive sessions."
In addition, he said he believes the group's assertion that it has no regulatory authority, and is therefore exempt from sunshine laws, calls into question accreditation standards that have virtually become state law.
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