NU Online News Service, May 3, 10:33 a.m. EDT–An influential New York state senator has sent Congress a white paper, supported by a national legislators group, with a detailed analysis of how the proposed federal SMART Act will damage insurance regulation.

The critique of the State Modernization and Regulatory Transparency Act, which sees dire consequence from a reduction in state funds, was sent last month by Sen. William J. Larkin Jr., R-New Windsor, to the heads of House committees involved with SMART.

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