Beginning in 2010, the National Association of Insurance Commissioners (NAIC) will conduct three National Meetings instead of the current quarterly schedule.

The NAIC said the change reflects the reduced number of working group meetings held at the National Meetings, and it also reduces the time and expense requirements that have conflicted with regulators' business in their own states.

According to an NAIC spokesman, the Internal Administration (EX1) Subcommittee of the NAIC adopted a report proposing the schedule change during the 2008 Spring National Meeting.

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