NAIC rule change may hurt consumers

11/30/2009 | Wall Street Journal, The

Insurers would see an increase in capital of at least $11 billion if state insurance regulators adopt a proposal allowing for easier treatment of "deferred tax assets." The proposal seems to be coming closer to being adopted by the National Association of Insurance Commissioners. J. Robert Hunter, director of insurance for Consumer Federation of America, and other consumer groups say the proposal lowers solvency requirements, which could hurt consumers.

View Full Article in:

Wall Street Journal, The

Published in Brief: