This initiative will yield more efficient state regulation. The committee will be established by May 1, 2001. Work has also begun to implement the initiatives developed by the Improvements to State-Based Systems Subgroup, chaired by Lee Covington, Director of the Ohio Department of Insurance. States have already started the process of creating review standards checklists to provide clear guidance regarding state filing requirements by June 2001. In addition, the plan includes eliminating unnecessary regulations and adding necessary regulations during a process to create the greatest degree of uniformity possible.
Commissioners are firmly committed to the plan.
It will take a lot of work by all parties to meet our goals, but I am very optimistic that we will be successful. It is the nation's oldest association of state government officials, consisting of insurance regulators from the 50 states, the District of Columbia and four U.S. territories. Visit the Information Center for E-mail addresses. 1994 - 2000 by the National Association of Insurance Commissioners. All rights reserved.