A review of how states are complying with uniform producer licensing standards shows high compliance on 26 of 37 benchmarks, according to the National Association of Insurance Commissioners.
"This self-assessment outlines where we stand today in terms of compliance with the Gramm-Leach-Bliley Act's reciprocity requirements and uniform resident licensing standards," said New Hampshire Insurance Commissioner Roger Sevigny, who chairs the NAIC/Industry Producer Licensing Coalition.
"It also provides an independent legal review and on-site peer assessment of our licensing laws, regulations, practices and processes," added Mr. Sevigny, who is president-elect of the Kansas City, Mo.-based NAIC.
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