NU Online News Service, March 2, 3:46 p.m. EST
The National Association of Registered Agents and Brokers reform act, that would in effect create national licensing for producers, is scheduled for a vote tomorrow in the U.S. House of Representatives.
The bill, commonly known as NARAB II (H.R. 2554), is an amendment to Gramm-Leach-Bliley to reestablish the national registration of insurance agents as a nonprofit corporation to allow for agent reciprocity.
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