NU Online News Service, June 18, 1:23 p.m. EDT
WASHINGTON–The Obama administration's financialservices regulatory reform proposal, that basically leaves thestate insurance regulatory system intact, has drawn a positiveresponse from the National Association of InsuranceCommissioners.
However, Therese Vaughan, the NAIC's chief executive officer,said in a statement, the group would lobby to have state insurancecommissioners included in the council of finance that the plancalls for.
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