NU Online News Service, Dec. 23, 10:35 p.m. EST
The officers of the National Conference of Insurance Legislators said a National Association of Insurance Commissioners coordination proposal would weaken state authority.
"We have grave and fundamental concerns with the substance, process, and politics of this proposal," the officers of NCOIL, Troy, N.Y., wrote in a letter to the officers of the NAIC, Kansas City, Mo.
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