NU Online News Service, April 3, 3:52 p.m. EDT

Actions being taken today by state insurance regulators will deal with current inefficiencies and create a more effective, state-based regulatory system, the chief executive officer of the National Association of Insurance Commissioners said.

NAIC CEO Therese M. Vaughan's comments came in a video interview with Leonard C. Brevik, National Association of Professional Insurance Agents executive vice president and CEO.

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