Washington--A large number of financial services companies,including AIG, Allstate, Allianz and Chubb, are signing up tosupport legislation that would create an optional federalcharter.
The group is led by the American Bankers Insurance Association.It is meeting with financial services companies throughout thecountry to seek support for a letter they plan to send to theleadership of the Senate Banking Committee.
Other members include the American Insurance Association, theCouncil of Insurance Agents and Brokers, the American Council ofLife Insurers, and the Financial Services Roundtable.
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