SAN DIEGO– The National Association of Insurance Commissioners yesterday held the first session of a new panel designed to create a uniform process for monitoring how insurance companies operate in the marketplace.
The new Special Accreditation Standards Working Group, the NAIC said, would function along the lines of the NAIC's Financial Regulation Standards and Accreditation Program.
The new Market Regulation Accreditation Program will establish uniform criterion for assessing whether the states are effectively and efficiently addressing market regulatory issues.
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