U.S. Treasury Releases Plans to Modernize Insurance Regulations

Order Reprints

Dec. 16, 2013—The U.S. Department of the Treasury’s Federal Insurance Office (FIO) announced its long-awaited report on how to modernize and improve the system of insurance regulation in the U.S. on Thursday.

The report was mandated as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The report was originally due in January 2012. According to an Automotive Service Association (ASA) press release_notes, Congress wanted the Department of Treasury’s FIO to review federal versus state regulation of insurance.

For more information on insurance regulation, visit ASA’s legislative website.

Related Articles

U.S. Treasury appoints Federal Advisory Committee on Insurance

You must login or register in order to post a comment.