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Regulation and Compliance > State Regulation

IIPRC Consumer Advocate Resigns

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Bonnie Burns has given up her position on the consumer advisory committee of the new Interstate Insurance Product Regulation Commission.

Burns, a training and policy specialist with California Health Advocates, Scotts Valley, Calif., writes in her resignation letter that the views of consumer advocates “have generally not been well received” by IIPRC members.

“Some meetings have not been open to public participation and decisions made in those meetings are later voted on during conference calls without much discussion, or adequate time for review and comment,” Burns writes.

Burns says she has a “long record of supporting state-based regulation and opposing federal regulation when it could deprive consumers of their rights or effective regulatory oversight.”

But, “based on my experience representing consumer interest before the commission, I believe the compact is failing to protect consumer interests,” Burns writes.

The IIPRC has not provided consumers with adequate representation, and it is operating outside the member states as a private nonprofit without being accountable to the public in any of the member states, Burns writes.

States have set up the IIPRC in an effort to create a single point of filing for insurance products and forms.


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