| | Regulatory Initiatives of the National Association of Insurance Commissioners (Site not responding. Last check: ) |
 | | NAIC and state regulators believe that the development of more uniform and streamlined methods for obtaining licensing approval on individuals, products, and insurance companies in multiple states can enhance the ability of insurers to compete with other financial service entities while at the same time maintaining or improving the quality of insurance regulation. |
 | | NAIC and the states are working to develop a model licensing process that would permit insurance agents and brokers to meet licensing requirements in all states by satisfying the licensing requirements of any one state. |
 | | NAIC and the states have since abandoned this approach, choosing instead to focus their efforts on state- by- state practices to increase efficiency and consistency in licensing, corporate governance, and the regulation and review process for chartering or change- in- ownership applications. |
| www.washingtonwatchdog.org /documents/gao/01/GAO-01-885R.html (13051 words) |