NAIC exec says he's prepared to defend state-based regulation

04/9/2013 | PropertyCasualty360

Ben Nelson, CEO of the National Association of Insurance Commissioners, said he is prepared to defend the state-based insurance regulatory system if it comes under "any assault." Nelson also called on the Federal Insurance Office to remain "in its own lane." He said that uncertainty exists over the FIO's role, but added that the office has not exceeded its authority.

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