WASHINGTON--State insurance regulators have voted to keep confidential insurers' pending applications for new products prior to their approval.

The action at a meeting of the National Association of Insurance Commissioners applies to product filings that are pending approval with the Interstate Insurance Product Regulation Commission.

Prior to the vote insurers warned that amending the current public access policy would make them less likely to use the commission. But a leading consumer advocate called that argument "a sham." The Compact Commission is currently trying to increase the number of product filings so the commission will become profitable and self-sustaining.

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