A flurry of letters have been sent by insurance trade groups on opposite sides of the debate over legislation creating optional federal chartering of insurers, seeking to get or keep the support of the National Governors Association for their particular view.

At least for now, it appears those opposing a dual regulatory system have the upper hand with the governors, as three property-casualty insurance agent groups lauded the NGA for maintaining its position against the proposed regulatory change in the face of what the Independent Insurance Agents and Brokers of America termed “well-funded” support for OFC legislation.

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