A (Speculative) Sneak Peek at FIO Report

The much-awaited Federal Insurance Office (FIO) report on reforming and modernizing state insurance regulation, mandated by Dodd-Frank, likely will not be unveiled until the end of this month or early March.

However, sources are already suggesting that one component of the report will be the resurrection of a proposal first put forward in 2004: the SMART Act, or State Modernization and Regulatory Transparency Act.

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