NAIC Urged to Require Insurers To Disclose Data by ZIP Code.(National Association of Insurance Commissioners)(Brief Article)

NASHVILLE, Tenn. -- Consumer representatives at the National Association of Insurance Commissioners' Spring National Meeting have presented a plan that would require insurers to publicly disclose a variety of data by ZIP code.

Under the proposal, each insurer would report premiums, exposures, cancellations and nonrenewal data, all broken down by ZIP code.

The Home Mortgage Disclosure Act, which has been on the books since 1975, "hasn't been harmful to lenders, and it wouldn't be to insurers," said consumer representative Deborah Goldberg, co-director of Neighborhood Revitalization Project, Center for Community Change, Washington, D.C. "The HMDA has allowed us …