NU Online News Service, Dec.7, 12:14 P.m. EST
SAN FRANCISCO–State legislators have slammed a National Association of Insurance Commissioners proposal for regulatory reform as a measure permitting federal authorities to take over their insurance lawmaking function.
The draft proposal, which was criticized as something that could supplant state legislatures' authority to regulate insurance, was put up for discussion during a session of the NAIC 2009 Winter National Meeting here.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
