NAIC 2013 budget to make regulatory information free to industry, public
The R Street Institute has urged the NAIC to stop charging for its statutory data, just as the SEC has, and to make it available on an open-source basis. The free-market think tank welcomed the NAIC move as a symbolic, but important, first step.
“Previously, they charged you for just knowing the law,” R.J. Lehmann, an R Street senior fellow and public affairs director, told SNL. “It is as if the [Patrolmen’s Benevolent Association] owned all of the arrest records in the country, and if you wanted to look up an arrest record or analyze crime trends, you’d have to pay the PBA.”
