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See Also
Jason Strauss, “Flexible Rate Filing Insurance Rate Regulation as Alternative to Incentive Incompatibility in Prior-Approval,” November 2008.
Sharon Tennyson, “Efficiency Consequences of Rate Regulation in Insurance Markets,” March 2007.
View an updated version of “The Road to Reform,” NAMIC white paper, October 2006.
“Regulation of Property/Casualty Insurance: The Road to Reform” white paper, April 2002.
“Changing the Terms of the Regulatory Modernization Conversation: The New York Initiative,” NAMIC Issue Brief, August 2006.
“Accepting the Challenge: Redefining State Regulation Now,” NAMIC white paper, April 2000.
“Rate Filing Methods and Approval,” NAMIC Compliance Grid.
Rate Modernization [S]
NAMIC’s top state priority remains the “modernization” of state rating and filing laws. NAMIC supports legislation that would eliminate the approval process for pricing insurance products. Insurers must have the responsibility and opportunity to price their products based on their own market research and strategic plans. Combined with market pricing, regulators also need to eliminate burdensome and unproductive form approval processes that impede delivery of products to consumers.
Posted: Monday, January 17, 2011 1:48:25 PM. Modified: Wednesday, July 11, 2012 5:47:49 PM.
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