Filed Under:Your Practice, Regulatory

NAIC's "House" of Regulation to be a Focus of DC Summit, Response to Royce Due Soon

Blueprints for Domestic Insurance Regulation?, Courtesy AP
Blueprints for Domestic Insurance Regulation?, Courtesy AP

Iowa Insurance Commissioner Susan Voss, the immediate past president of the NAIC, will kick off a regulatory reform summit Wednesday in Washington, at which Rep. Ed Royce, R-Calif., will follow with luncheon remarks anticipated to address the status of the NAIC as an organization.

To date, the NAIC has not yet responded to a Feb. 28 letter to the NAIC from Rep. Royce, a senior member of the House Financial Services Committee who asked the NAIC to precisely define what it is and how it is governed. Royce has been a longtime champion of an optional federal charter for insurers. It is expected to soon.

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Nichole Morford

Nichole Morford
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