NAIC Releases 2012 Insurance Department Resources Report – Volume Two
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The
The first volume, published in June, included data on staffing, budgeting and examination information. The second volume includes admitted premium by state, by line of business; excess and surplus lines premium; and statistics including budget as a percent of revenues.
Developed primarily through an extensive survey of the NAIC member states and territories, the second volume of the IDRR is organized into two sections: Budget and Funding; and Examination and Oversight.
An overview of the findings in Volume Two includes:
*
* Total premium collected increased by 5.7 percent.
As well as being an important assessment tool for state insurance departments, the IDRR is a helpful reference for state legislators, federal regulators and other public policymakers.
A hard copy of the 2012 Insurance Department Resources Report - Volume Two can be ordered from the
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