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Industry, Consumer Groups, NAIC Rep, Take on Insurance Regulation at Treasury Hearing

Insurance representatives today agreed at a Washington conference that the new Federal Insurance Office (FIO) is an “important single point of contact” at the federal level on insurance issues, especially international ones.

But at a conference of “Insurance Regulation in the United States: Modernization and Improvement,” insurance representatives sitting on three separate panels failed to provide a consensus on what the role of the FIO should be in insurance regulation, and both praised and criticized state regulation.

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Nichole Morford

Nichole Morford
Managing Editor

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