WASHINGTON–State legislators and an agents' group are voicing vehement opposition to legislation that would create a federal insurance “information office” within the Treasury Department.
At the same time, a contrary view was offered by officials of a different agents group and an insurers' trade organization.
Comments supporting the new legislation followed a statement by the President of the National Conference of Insurance Legislators, Rhode Island State Rep. Brian Kennedy, D-Hopkinton, voicing “concern” with the Insurance Information Act of 2008 (H.R. 5840).
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