NU Online News Service, Oct. 26, 1:22 p.m. EDT
In the wake of the first congressional testimony of Michael McRaith, director of the new Federal Insurance Office, officials of the National Association of Mutual Insurance Companies say he appears to "have an understanding" of the role the new agency is to fulfill.
But, officials of the National Association of Professional Insurance Agents, while expressing appreciation that McRaith affirmed that the FIO is not a regulator, also voice concerns with remarks by McRaith that the FIO's portfolio "is still being defined."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
