FIO wants insurance industry to comment on federal regulation

10/18/2011 | PropertyCasualty360

The Federal Insurance Office has given the insurance industry until Dec. 11 to comment on the feasibility of federal regulation of various insurance lines. The office is also asking for comments on solvency, international competitiveness, consumer protection and other major issues in the industry. The call is part of the FIO's mandate under the Dodd-Frank law to study ways to modernize the industry.

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