Business Services Industry
NAIC continues review of NCCI conversion. (National Assn. of Insurance Commissioners; National Council on Compensation Insurance)
Business Insurance, January, 1997 by Fletcher, Meg
ATLANTA - State insurance regulators continue to question the nation's largest workers compensation data-gathering organization on its proposed conversion to a for-profit entity. Darla L. Lyon of South Dakota, chairwoman of the National Assn. of Insurance Commissioners' Workers Compensation Task Force, said last month at the NAIC's winter meeting that her committee is hoping to get an early look at the final version of the National Council on Compensation Insurance's plan for conversion.
The NCCI may issue its proposal as early as the end of this month. At that NAIC meeting, held last month in Atlanta, Alfonso Mastrostefano, insurance superintendent of Rhode Island, suggested that the NCCI provide state insurance regulators with its detailed conversion plan...
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