NU Online News Service
The National Conference of Insurance Legislators (NCOIL) is urging the National Association of Insurance Commissioners (NAIC) to get behind its credit-based insurance scoring model law and drop an idea to conduct a "questionable data call."
NCOIL wrote the NAIC in anticipation of the commissioners' Property & Casualty Committee hearing on Sept. 30 on the proposed data call, which NCOIL President Rep. Robert Damron, D-Ky., called "an answer in search of a problem."
The NAIC's data call is meant to gather information to help with policy debate, but Rep. George Keiser, R-N.D., NCOIL president-elect, said legislators "wonder what events, in particular, have prompted the effort, and what the merit of the plan would be."
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