Consumer Groups Call on State Insurance Regulators to Reject Proposed Report

In comments submitted to the National Association of Insurance Commissioners (NAIC) Auto Insurance Working Group, CFA, the Center for Economic Justice, and other consumer groups are urging the NAIC to reject a proposed “report” on auto insurance affordability due to bias towards industry. It serves no purpose other than that intended by the insurance industry when it dictated that only data hand-picked by industry itself would be used in the study. While NAIC staff has tried valiantly to work with the detritus produced by industry, the “report” is fatally flawed for many reasons. The groups have told commissioners that the report will not serve the public interest and the NAIC should start over.

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