HOUSTON–The head of the National Association of Insurance Commissioners said a new report on the effectiveness of insurance regulation by states was based on unattributed information and should have had input from his group.
Outgoing NAIC President Walter Bell, who is the Alabama insurance commissioner, made his comments at the NAIC winter meeting here.
Mr. Bell reacted to a newly-released report prepared for the National Conference of Insurance by the Insurance Legislators Foundation titled, “A Study on State Authority: Making A Case for Proper Insurance Oversight.”
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