Warren’s letter suggests she is not satisfied these steps have moved quick sufficient. She wrote that whereas the NAIC has “initiated some modest reforms,” many stay underneath improvement or solely partially applied, whilst insurers have constructed up “substantial personal publicity” over the previous decade. Her inquiries to the affiliation heart on what assessments it has made because the Walter reporting broke, and what further federal or state guardrails is likely to be wanted given the scale, consolidation, and interconnectedness now constructed into the insurance coverage market.
