FIO report: The hinge on insurance regulation
October 18, 2013 by Arthur D. Postal, Elizabeth Festa
The release of a report — one that was due more than a year ago — on how the insurance industry should be modernized has taken on new urgency.
The Federal Insurance Office (FIO) report is seen as the hinge on the door of establishing a blueprint for how state, federal and international regulators can work together to reshape insurance in the wake of the 2007–2010 worldwide economic crisis.
The report, which was mandated by the Dodd-Frank financial services reform law, was due Jan. 21, 2012. Click here to read…
Originally Posted at LifeHealthPro on October 17, 2013 by Arthur D. Postal, Elizabeth Festa.
Categories: Industry Articles
