Signs are emerging that the sigh of relief by large insurancecompanies that they escaped federal oversight in the post-AmericanInternational Group-bailout world may have been premature.
Sam Caligiuri, a partner at Day Pitney, inHartford, said implementation of the Dodd-Frank law is the"cutting-edge issue as it relates to insurance regulation at thistime."
Mr. Caligiuri said the Dodd-Frank law gives "the federalgovernment unprecedented power over the insurance industry."
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