Bipartisan Policy Center.

2017 04 - Bipartisan Policy Center - Improving Insurance Regulation - 68p
- This paper is a product of the Financial Regulatory Reform Initiative (FRRI) at the Bipartisan Policy Center. Since 2012, FRRI has been assessing the progress of post-financial crisis reform to determine what is and what is not working and making recommendations to improve the financial regulatory system.
- Improving Existing Federal Oversight
  - 2. Monitor State Regulation—Congress should require an annual report from FIO on the activities and governance of the NAIC and state insurance regulation and hold hearings on each report.
  - 3. Make NAIC Policymaking More Transparent—The NAIC should adopt Administrative Procedures Act (APA)-like standards and Government in the Sunshine-like standards to ensure greater transparency in policymaking.
- Task Force Members
  - Robert E. Litan - Adjunct Senior Fellow, Council on Foreign Relations
  - William H. McCartney - Former President of the NAIC and Nebraska Director of Insurance
- Project Co-Chairs
  - Martin N. Baily - The Bernard L. Schwartz Chair in Economic Policy Development and Senior Fellow and Director of the Business and Public Policy Initiative at the Brookings Institution, and a former Chairman of the President’s Council of Economic Advisers
  - Phillip L. Swagel - Professor at the School of Public Policy at the University of Maryland, and a former Assistant Secretary for Economic Policy at the Treasury Department