Print Print | Email Facebook Twitter Share ThisShareThis

See Also

“Market Conduct Reform,” NAIC Issue Brief, October 2009.

View an updated version of “The Road to Reform,” NAMIC white paper, October 2006.

“Regulation of Property/Casualty Insurance: The Road to Reform” white paper, April 2002.

“Market Conduct Regulation for a Competitive Environment,” NAMIC white paper, January 2001.

“Accepting the Challenge: Redefining State Regulation Now,” NAMIC white paper, April 2000.

“Market Conduct Annual Statement Participating States,” NAMIC Compliance Grid.

Market Conduct Reform [S]

Our Position

Insurers continue to pay thousands of dollars each year to state regulators for expenses they incur in performing market conduct examinations on insurance companies. Often, the exams amount to little more than “fishing expeditions” by the regulators and essentially duplicate examinations already completed by other state regulators. NAMIC supports reasonable market conduct reform initiatives that will reduce both the number and cost of market conduct exams and will have regulators focusing their attention on problem insurers. NAMIC opposes any initiatives that would impose additional burdensome market conduct exam requirements on insurers.

Posted: Monday, January 17, 2011 1:28:31 PM. Modified: Friday, May 15, 2015 2:00:10 PM.

317.875.5250 - Indianapolis  |  202.628.1558 - Washington, D.C.

NAMIC | Where the future of insurance has its voice TM