State lawmakers and insurance regulators, who have sometimes been at odds, have been showing a new spirit of amity lately–driven by the possibility the federal government could move onto their turf.
Attendees at the spring meeting of the National Conference of Insurance Legislators (NCOIL) here and the tempo of discussions at sessions suggest that the threat of an optional federal charter for insurers is a factor encouraging a turnaround in relations between legislators and insurance commissioners.
A theme that threaded through several of the sessions that began yesterday was how state regulation of insurance could better serve consumers than a federal regulator and how all state public officials need to work together to offer tangible proof about why this is so.
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