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Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

WASHINGTON--Collapse of the latest discussions at the so-called Doha round of trade talks under the auspices of the World Trade Organization is a "lost opportunity for the world's economy, especially t