Discussion of model legislation for agent broker licensing, how to address insurers' subprime investments and creation of a mechanism for states to enact federal standards will be on the agenda when insurance regulators meet tomorrow.
The topics are due to be addressed by the National Association of Insurance Commissioners and “will continue the strategic planning initiative that we began last year,” said Sandy Praeger, Kansas insurance commissioner and new NAIC president.
She also said that new work will include developing a model for federal standards and how to handle the impact of deteriorating subprime mortgage values on issuers.
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