Filed Under:Health Insurance, Disability

Nelson: FIO must stay in its lane despite agenda

FIO looking hard at insurance reserve offloading in captive/SPVs

(AP photo/Dave Weaver)
(AP photo/Dave Weaver)

The National Association of Insurance Commissioners (NAIC) is warning against “mission creep” from the federal government, including the Federal Office of Insurance (FIO).

FIO and the NAIC each must remain in their own lane of traffic – FIO must do its own job, “not our job,” said NAIC CEO and former U.S. Sen. Ben Nelson in remarks before state legislators today in Washington.

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Nichole Morford

Nichole Morford
Managing Editor

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