The National Association of Insurance Commissioners, in a dramatic about face, voted last week to let carriers file their climate risk disclosure survey responses on a voluntary, confidential basis.
The group's position right up until the surprise March 28 vote was that the survey responses should be mandatory and public.
However, despite the vote, some states maintain they will still proceed with a mandatory survey, with the results made public, as the NAIC originally voted to endorse in March 2009.
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