NAIC Establishes American Indian Liaison Committee
April 12, 2013 by N/A
Targeted News Service |
WASHINGTON, April 11 — The National Association of Insurance Commissioners issued the following news release:
The Executive Committee of the National Association of Insurance Commissioners (NAIC) has approved the formation of an American Indian Liaison Committee. The committee will address insurance issues involving the cooperation and relationship between sovereign states and sovereign tribal nations. “The committee will provide a forum for discussion of insurance issues unique to the American Indian community,” said Jim Donelon, NAIC President and Louisiana Insurance Commissioner. “This decision reflects our commitment to fostering an inclusive and equitable marketplace for the benefit of all insurance consumers.”
“The federal government has formally recognized more than 560 tribes residing in 34 states throughout the U.S.,” said John D. Doak, who serves as Oklahoma Insurance Commissioner and introduced the proposal. “This fact underscores the need for dialogue in addressing state and tribal cooperation in the insurance industry.”
Committee leadership, membership, and charges will be considered in the coming weeks.
TNS MGD-130412-4292055 StaffFurigay
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