NU Online News Service, March 3, 10:09 a.m. EST
WASHINGTON–A new insurers' coalition has written the Senate Banking Committee asking that property and casualty carriers not be included in a measure regulating systemic risk in the financial services sector.
The letter to Sen. Christopher Dodd, D-Conn., the banking committee chairman, was sent as signs emerged that bipartisan financial services reform legislation could be introduced in the Senate this week.
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