AIA: NAIC's Budget, Surplus Bloated
NU Online News Service, Nov. 3, 3:25 p.m. EST?The association representing United States insurance regulators has too large a surplus and is spending too much on meetings, travel and other projects, accused an insurer trade group.
The National Association of Insurance Commissioners' 2004 budget should be set at an amount not to exceed the projected revenues and expenses of 2003, the Washington, D.C-based American Insurance Association contends.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
