Insurers: No Need for More Oversight

Hamilton, Jesse A.
September 2009
Best's Review;Sep2009, Vol. 110 Issue 5, p11
Trade Publication
The article reports on the letter sent by associations belonging to the insurance industry asking the U.S. Congress to exclude the industry from the proposed legislation Consumer Financial Protection Agency. The associations opposed the inclusion of insurance under the legislation since insurance is different from financial products. Among the associations that signed the letter include American Council for Life Insurers and National Association of Mutual Insurance Cos.


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