Actuaries, Insurers Balk At Regulation
In an industry where the pace of change is generally slow, itsunusual to hear anyone accuse insurance regulators of acting tooquickly, but an insurer group and the public policy organizationfor actuaries are doing just that.
“We are concerned about the prospect that important changes willbe made in haste without significant time to vent them by the usersand the doers,” said Andrea Sweeny, who chairs the Committee onProperty and Liability Financial Reporting (COPLFR) for theWashington-based American Academy of Actuaries.
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