Ft. Lauderdale, Fla.–State lawmakers at a meeting here said they will once again try and craft a market conduct surveillance model law with the aim of gaining broader acceptance in state capitals in the coming years.
The National Conference of Insurance Legislators State-Federal Committee will start with its original version of the model approved in February of 2004 and then modified to gain acceptance from the National Association of Insurance Commissioners, officials said.
But that jointly-backed legislation has not been approved in a single state, and much of the blame has been given to its lukewarm reception by the insurance industry at the time.
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