Insurers Fight Expansion of Market Conduct Program

Carr, Sean P.
July 2008
Best's Review;Jul2008, Vol. 109 Issue 3, p108
Trade Publication
The article reports on the move of various insurers to oppose the proposal under consideration by the National Association of Insurance Commissioners (NAIC) to expand a market conduct reporting program in the U.S. It is stated that insurers have wanted the data to be not on public, while the consumer representatives have wanted it to be public. It reveals that if the proposal would be adopted, litigation by either an insurer or NAIC against a noncompliant insurer could provide lengthy delays.


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