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December 22, 2004
NAIC Deliberations On Insurance Law Must Be Public Says NAMIC
“Any NAIC deliberation or decision that has legal or persuasive effect on insurance law and regulation is the public’s business and must be conducted in a public setting,” stated a National Association of Mutual Insurance Companies official in a letter sent to an influential regulator.
District of Columbia Department of Securities and Insurance Commissioner Lawrence Mirel asked for comments during the NAIC/Industry Liaison Meeting earlier this month in New Orleans. NAMIC Director of Legal and Regulatory Affairs, Peter A. Bisbecos, provided comments in a letter to Mirel on Friday.
Posted by Tom Troceen