Industry representatives and officials break down key parts of the FIO regulation modernization report.

Industry representatives and officials break down key parts of the FIO regulation modernization report.

The long-delayed U.S. Treasurys Federal Insurance Office modernization report concludes that the debate at present is not whether insurance regulation should be state-based or federal, but whether there are areas in which federal involvement in regulation under the state-based system is warranted.

The long-delayed U.S. Treasurys Federal Insurance Office modernization report concludes that the debate at present is not whether insurance regulation should be state-based or federal, but whether there are areas in which federal involvement in regulation under the state-based system is warranted.

Department investigators are dealing with whether to wear protective gear, carry guns and respond with baton techniques or deadly force to defend themselves during interviews with the subjects of their investigations, who may possibly be violent types perpetrating insurance fraud.

Department investigators are dealing with whether to wear protective gear, carry guns and respond with baton techniques or deadly force to defend themselves during interviews with the subjects of their investigations, who may possibly be violent types perpetrating insurance fraud.

Top state insurance commissioners told President Obama in person that they are experiencing challenges and frustrations with federal and international agencies regarding the key differences between banking and insurance regulation, among other issues.

Top state insurance commissioners told President Obama in person that they are experiencing challenges and frustrations with federal and international agencies regarding the key differences between banking and insurance regulation, among other issues.