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
- 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.