Optional Federal Chartering DebatedWashington

While agreeing on the dire need for insurance regulatory reform,the industry remains sharply divided on whether optional federalchartering is the right means to achieve the desired result.

At a debate on OFC sponsored by the Washington Legal Foundation,industry representatives, along with Arkansas InsuranceCommissioner Mike Pickens, presented strikingly different views onthe likely outcome of the effort to create a federal regulatoryoption.

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