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The president said that some regulations have gotten out of balance, placing unreasonable burdens on business, stifling innovation and having a chilling effect on growth and jobs. (Photo: AP)

NU Online News Service, Jan. 18, 2:53 p.m. EST

President Barack Obama’s executive order today to streamline federal agency regulations could have the effect of promoting greater regulatory efficiency for the insurance industry, an executive with an insurance association said.

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