October 9, 2006
Comments Requested on Proposed Insurance Related Monitoring Standards
The National Association of Insurance Commissioners (NAIC) has drafted a paper entitled “Standards for Monitoring Compulsory Auto Insurance and Financial Responsibility Laws.” The purpose of the paper is “to identify standards that can be applied to systems that monitor the public’s compliance with mandatory auto insurance or financial responsibility laws using a uniform, cost effective approach.” It also “defines ‘best practice’ standards that can uniformly be implemented while providing for and achieving effective change.” The proposed standards would apply to financial responsibility and insurance programs throughout the U.S. jurisdictions. Please take the time to review the proposed standards and then provide comments directly to Pamela K. Simpson, NAIC, with a cc: to Lori Cohen, AAMVA. Comments are due by Friday, Oct. 13, 2006. Thank you in advance for your assistance.
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