Regulator: Another Data Call Set For Insurers
The nations insurance regulators will require property-casualty and life insurers to provide another round of market conduct data because they have found it helpful in tracking down potential problems, an official said.
For example, Sue Stead, an Ohio regulator, said the latest data call information that was collected had highlighted six life companies in which data stood out from the results of most companies. Consequently, regulators will be taking a closer look at these companies to find out why they varied from most other insurers, said Ms. Stead, who heads up the market analysis work group at the Kansas City, Mo.-based National Association of Insurance Commissioners.
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