On April 19, The Council sent a letter to the Senate in support of S.2702, the Business of Insurance Regulatory Reform Act.
The U.S. Department of the Treasury submitted a report to the White House last week on core principles for regulating the U.S. Financial System.
The bill would reorient FIO as an internationally focused body (removing FIO’s authority/role with respect to domestic policy formulation) and would enhance the role of state regulators in all FIO functions.
An overview of the discussion draft of his Financial CHOICE Act of 2017.
The globalization of the insurance industry has been a boon to the industry, but that expansion comes with greater scrutiny of how the business is regulated.