Insurers Seek Help On Class-Actions
Insurance groups are working on ways to counter the growing number of class-action lawsuits and are asking the National Association of Insurance Commissioners to help them.
During the NAIC's recent spring meeting here in Reno, Nev., state regulators were asked to establish a mechanism that would facilitate the NAICs filing of amicus, or “friend of the court” briefs in cases that involved insurance.
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