NAIC/Industry Liaison Committee – NAIC

  • 2002-2v2, NAIC Proceedings – 2002 0608 – Industry Representatives White Paper on Class Action Lawsuits Preserving The Regulatory Authority of State Insurance Commissioners, Preliminary Draft – p1609-1612
    • When making determinations that impact insurance markets, a decision-maker must have access to as much relevant information as possible. While regulators are  authorized to independently obtain a wide range of information from a variety of sources, juries are required to passively receive evidence. Jurors receive only the information deemed admissible and relevant by a judge, and even relevant evidence may be excluded if its probative value is “substantially outweighed” by the danger of (among other things) unfair prejudice or confusion.4
  • 2002-3, NAIC Proceedings
  • 2008-2, NAIC Proceedings – NAIC/INDUSTRY LIAISON COMMITTEE
    • June 1. 2008–San Francisco. CA
    • 1. Received opening statements from Dave Snyder (American Insurance Association-AIA), Deidre Manna (Property and Casualty Insurers Association of America-PCI), Neil Alldredge (National Association of Mutual Insurance Companies-NAMIC) and Michael Lovendusky (American Council of Life Insurers-ACLI), who renewed concerns of the process regarding the NAIC and presenting congressional testimony.
      • They pointed to the NAIC’s recent testimony on credit scoring to illustrate their point of a larger process issue.