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jan 1, 1871 - National Insurance Convention (NIC)

Description:

Paul decision made it difficult for multi-state insurers to meet various demands.

19 states came together to form NIC to:
-constitution setting goals of regulators
-uniform accounting statement
-guidelines for insurer taxation

Added to timeline:

3 months ago
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0
33
Exam 6 - History of Insurance

Date:

jan 1, 1871
Now
~ 148 years ago
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