There was a collective sigh of relief at the final meeting this year of the National Association of Insurance Commissioners. It was an exhaustive session, and from the looks on the faces and tone of voices, the impression was that it was a much busier year than usual.

Health care was the all-consuming topic this year. More than once, in casual conversation, attendees said it sucked up all the attention.

Regulators worked fast and furious, in relation to the usual deliberate pace they are often criticized for, to get a consensus regulation on the desk of the Secretary of Health and Human Services before the end of the year.

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