The U.S. House of Representatives' hearing June 10 on theInsurance Information Act of 2008 (H.R. 5840) may prompt renewedinterest in regulatory modernization issues and proposals to createan optional federal charter, according to the Insurance InformationInstitute (I.I.I.).
|The measure would create a federal Office of InsuranceInformation within the U.S. Treasury Department to provideinsurance policy advice and expertise to the executive branch andCongress.
|For more information, visit www.iii.org.
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