Two insurance trade groups said they are opposing a portion of the National Association of Insurance Commissioners' proposed 2006 budget that would fund storage of industry members' fingerprints.
Late last week the NAIC Internal Administration EX1 committee approved a budget that calls for projected revenues of $59.3 million, which is a .2 percent increase of the 2005 figure.
The budget calls for continuation of the project to create a nationwide repository of fingerprints for insurance producers and company officers and directors.
Recommended For You
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
© 2025 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.
