NAIC Official Gives Conditional Nod to Insurance Exchange

New Jersey Banking and Insurance Commissioner Steven M. Goldman threw his conditional support behind talks in neighboring New York of resurrecting the two-decade-old New York Insurance Exchange."I don't know the details. I'm passingly familiar with it. But it would provide some depth in the marketplace at a time when the marketplace needs depth," said Goldman, who is chairman of the National Association of Insurance Commissioners' (NAIC) Reinsurance Task Force. "The timing may good."New York Insurance Superintendent Eric Dinallo confirmed this week he is putting together a workin...