Both the headline and certain portions of the text in the article that appeared yesterday, October 29, incorrectly identified the NAII as having approved inreon’s use of ACORD standards.
This was not correct. The NAII has no connection with either ACORD, which is a separate organization, headquartered in New York, or with inreon the Internet reinsurance trading platform.
The confusion arose because the two companies made their announcement at the current NAII convention in L.A.
The Insurance Journal regrets the error, and the original article has been corrected.
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
Texas Chick-fil-A Franchisee Sued for Religious Discrimination 
Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises 
