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Run Time: 28:51
What Agents Should Know About NARAB and National Producer Licensing
The long-time effort to develop a national insurance producer licensing system for those doing business in multiple states is progressing in Washington. The National Association of Registered Agents and Brokers Reform Act is closer than ever to becoming law. Wes Bissette, senior counsel for government affairs at the Independent Insurance Agents and Brokers of America, the Big “I”, speaks with Insurance Journal’s Andy Simpson about why this law is important, how it promises to help producers who choose to participate in the national system, and whether those who fear federal regulation should be concerned.