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NAIC CEO Discusses U.S. Rating Downgrade

Therese M. (Terri) Vaughan, Ph.D., CEO of the National Association of Insurance Commissioners, talks about the effect of the recent downgrade of U.S. long-term debt...
August 23, 2011

Therese M. (Terri) Vaughan, Ph.D., CEO of the National Association of Insurance Commissioners, talks about the effect of the recent downgrade of U.S. long-term debt on insurance companies in an interview with A.M. Best. "From a direct impact perspective, the downgrade really has no impact," said Vaughan. "The fact that it's been downgraded by one rating agency, it really has no effect." You can listen to the full interview here.