NU Online News Service, Sept. 23, 12:06 p.m. EDT
A new academic study finds that the government bailout of American International Group during the financial crisis is no reason for optional or mandatory federal insurance regulation.
The report warning against the application of systemic risk regulation to insurers was written by Scott Harrington, professor of insurance and risk management at the University of Pennsylvania's Wharton School, and published by the National Association of Mutual Insurance Companies.
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