NU Online News Service, Nov. 10, 2:34 p.m. EST
WASHINGTON–The chairman of the Senate Banking Committee unveiled an omnibus financial bill that would require a study of ways to modernize insurance regulation and creation of an Office of National Insurance.
Sen. Chris Dodd, D-Conn., in his legislation titled "Restoring American Financial Stability," also calls for enactment of the Nonadmitted and Reinsurance Reform Act of 2009.
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