• (p14) - Terri Vaughan - (NAIC, CEO / IA): So what we try to do is educate consumers about the critical importance of this issue.
  • We spend a lot of money on consumer education.
  • We created a Web site, Insure U Web site, for consumers to go to to get information so that they can make some decisions on—they have some understanding of how to look at these issues.
  • We provide some very basic financial information on companies.
  • I think it is a tough one.  ---- There are not any real answers.
    • But educating consumers about the kinds of questions that they can ask, I think, is a start. 

2011 0914 - GOV (Senate-Banking/SII) - Emerging Issues in Insurance Regulation, Senator Jack Reed (D-RI)  ---  [BonkNote]