Consumer advocate blasts NAIC reform efforts.

Business Insurance, September, 2000 by FLETCHER, MEG

DALLAS-Employers of all sizes should be concerned about ``the many consumer defects'' contained in a National Assn. of Insurance Commissioners' proposal to reinvent insurance regulation, a leading consumer advocate says. ``The NAIC plan will gut many vital consumer protections offered by state insurance departments,'' charged J.

Robert Hunter, director of insurance for the Washington-based Consumer Federation of America, during a press conference at a recent NAIC meeting earlier this month. ``A lot of these concerns affect corporate consumers, too,'' he said in a subsequent interview. However, larger businesses have a greater ability to analyze developments and more options to choose from, said Mr. Hunter, who is the former head of the Texas Insurance...

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