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December 20, 2004
Did NAIC Unit Lose Data? It’s A Mystery
Did the Securities Valuation Office leave a briefcase full of key rating documents in a cab, or throw them out in the garbage? Key players were mum yesterday.
Said to be gone missing was material related to the shares of the Insurance Services Office in Jersey City, N.J. The SVO, a New York-based unit of the National Association of Insurance Commissioners, rates the contents of carriers' portfolios.
Posted by Tom Troceen