The National Association of Insurance Commissioners, the organization representing each state’s insurance department, is a worthwhile venture because it serves to create uniformity in the regulation of insurance. Some moan that uniformity by a national trade association (more on that in a minute) is national insurance regulation, which is no better than federal regulation. I beg to differ.

A report expected from the Federal Insurance Office later this month, addressing how to modernize and improve insurance regulation, could significantly affect the insurance industry, according to an industry regulatory expert.

A trade group representing insurance agents and financial service professionals submitted its comments on the Federal Insurance Office’s Dodd-Frank study on modernizing and improving insurance regulation.

An insurance trade group says the U.S. House is “moving in the right direction” toward affirming state-based insurance regulation by voting to defund health insurance exchanges.

The simmering debate over how to regulate insurance in this post-AIG bailout 1, 2 and 3, Bernie Madoff scandal and “will-I-have-enough-to-retire-in-20-years? world appears to have taken yet another turn, according …  Read →