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What government agency regulates Insurance lead MLM companies such as NAA (National Agents Alliance)?

Snikwah A asked:




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Tags: Government Agency, Insurance, National Agents

This entry was posted on Wednesday, August 26th, 2009 at 3:06 pm and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “What government agency regulates Insurance lead MLM companies such as NAA (National Agents Alliance)?”

1. Grampy says:

   August 28, 2009 at 4:14 am

   National Agent’s Alliance is a Managing General Agency in the Life and Health Insurance industry. As such, all their activities are regulated by the state Insurance Commissioners in each and every State where they do business.

   Your best bet is to do an Internet search of your state’s offices to find the email or physical address of your Commissioner and start there. In addition, if you know of specific wrongdoing by NAA, you can do the same search in their home state.

   Most states Commissioners of Insurance are very aggressive in investigating complaints. Make sure you have all the facts (Dates, specific complaints, who was hurt or damaged by the conduct of the NAA, what the economic loss was, and how you are involved.)

   Do not make frivolous unsubstantiated charges or comments of a general nature. Make it specific and to the point. If the conduct was damaging to others, make sure you have a “Standing” to make a claim.

   You might wish to consult an attorney who specializes in insurance issues, but that usually isn’t necessary.

   Good Luck,

   Grampy