(Reuters) - A similar bill was introduced last year in the Senate. Each
bill would create a new federal regulatory agency under the
U.S. Treasury Department.
The insurance industry is regulated now by the states in a
patchwork system insurers say is too costly and complex, but
top insurers, such as Allstate Corp. , favor a federal
charter option and regulator.
Read more at Reuters.com Bonds News
bill would create a new federal regulatory agency under the
U.S. Treasury Department.
The insurance industry is regulated now by the states in a
patchwork system insurers say is too costly and complex, but
top insurers, such as Allstate Corp. , favor a federal
charter option and regulator.
Read more at Reuters.com Bonds News
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