NAII Joins Legal Fight Against OCC
NU Online News Service, April 8, 1:31 p.m.EST?The National Association of Independent Insurers saidit has joined agent groups in a lawsuit challenging the Office ofthe Comptroller of the Currency's move to disallow state lawsregulating bank sales of insurance.
NAII, based in Des Plaines, Ill., said it filed a "friend of thecourt," amicus brief in the U.S. District Court of theDistrict of Columbia last week challenging an OCC opinion letter toWest Virginia authorities as a move that "undermines the stateregulatory system."
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
