NARAB

AcronymDefinition
NARABNational Association of Registered Agents and Brokers (Insurance)
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
"NARAB will mean much-needed reciprocity in producer licensing," says National Association of Insurance and Financial Advisors President Juli Y.
Tom Coburn, R-Okla., insisted that a provision is included in the amendment shutting down NARAB two years after enactment.
Lindeen called NARAB II's passage "99 percent" certain during an address at the NFI conference and on both days described support for the legislation a "love fest."
But Scott and Davis were re-elected in November, so further action on NARAB is considered likely, although the proposal could sit awhile before the 111th Congress even takes a look at it.
The Big "I" also expressed its approval that the House TRIA bill once again includes the National Association of Registered Agents and Brokers legislation (NARAB II).
Officials of the National Association of Insurance and Financial Advisors and the Insured Retirement Institute both voiced strong support for the decision, while cautioning that the flood provisions -- not the NARAB title -- faces strong opposition in the House.
The House of Representatives has approved NARAB twice now, but this is a milestone for the entity, as it Is now being championed in the Senate by Sens.
A less-publicized portion of TRIPRA included the National Association of Registered Agents and Brokers (NARAB) Reform Act of 2014, which establishes NARAB as an independent nonprofit corporation to prescribe, on a multi-state basis, licensing and insurance producer qualification requirements and conditions.
The White House has expressed concerns about some technical provisions of legislation that would re-establish the National Association of Registered Agents and Brokers (NARAB).
He said NAIFA and most insurance industry officials support legislation that would recreate the National Association of Registered Agents and Brokers (NARAB) and true agent-licensing reciprocity across the country.
GLB required that, within two years of its passage in 1999, a majority of the states had to either adopt uniform insurance producer licensing laws or see their producer licensing authority turned over to NARAB, a quasi-governmental independent licensing organization.