N.Y. Agents Hit Dual Charters
To The Editor:
The Independent Insurance Agents Association of New Yorkstrongly opposes recent proposals to create a dual charter systemfor insurers, as advanced by the American Insurance Association,the American Bankers Association Insurance Association, and theAmerican Council of Life Insurance.
IIAANY supports the longstanding state regulatory system thatprotects consumers and oversees insurer solvency and agent/brokeractivity.
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