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FOR IMMEDIATE RELEASE NIPR RELEASES 2006 ANNUAL REPORT The report is also a
celebration of NIPR's accomplishments during its
first decade of operation. Incorporated in 1996, with only three states
participating, the NIPR Producer Database (PDB) has become the leading
producer licensing processing specialist, receiving data from all 50
states, Puerto Rico and the “2006 capped a decade of growth and success," said Maryellen Waggoner, NIPR Executive Director. "I am proud of what we have built, and look forward to working with our partners to complete the licensing puzzle created by the challenges of a changing insurance market. In the coming year, we plan to roll out the first piece – a centralized solution for submitting producer address changes to state licensing departments." Audited financial statements are a prominent segment of the 2006 report. An electronic version of the NIPR Annual Report is available online.
About NIPR Incorporated in October 1996, the National Insurance Producer Registry (NIPR) is a non-profit affiliate of the National Association of Insurance Commissioners (NAIC). NIPR developed and implemented the Producer Database (PDB) and Electronic Appointments/Terminations (formerly PIN). NIPR is governed by a board of directors structured to include seven members representing the NAIC and six industry members representing a cross section of the insurance industry. For more information, visit NIPR on the Web at: http://www.NIPR.com.
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