ORLANDO–The insurance industry made significant progress thisyear toward enactment of optional federal charter legislation, butthere is still a long way to go.
That was the essence of comments of lobbyists for the AmericanCouncil of Life Insurers while speaking at the group's annualmeeting in Orlando.
“We've made a lot of progress this year,” said Kim Dorgan,executive vice president of federal relations for the ACLI.However, she predicted passage by both chambers could take two tofour years, and perhaps five depending on how the ultimate bill iscrafted.
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