NAIC Says IMSA Certification ‘Useful,’ But Not a Proxy for Regulators An NAIC ad hoc working group says the consideration of a company’s membership in the Insurance Marketplace Standards Association may be useful to regulators and recognizes the “positive benefits” of best practice organizations, but it doesn’t think they should be a proxy for regulation....
Michigan Gives Provisional OK to NAVA’s STP Initiative Michigan’s Office of Financial and Insurance Services has told NAVA that it likes what it sees in the group’s Straight-Through Processing initiative, but that it needs more work....
