NU Online News Service
The National Association of Mutual Insurance Companies has joined a chorus of insurance industry opposition to the regulators' proposed fingerprint model that includes company officers and directors.
Marsha Harrison, NAMIC regulatory affairs counsel, said that mandatory fingerprinting as part of company licensing procedures has already been considered and rejected during development of the NAIC Uniform in favor of a biographical affidavit containing more data and a verification process Certificate of Authority Application (UCAA).
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