Tomorrow’s December 9 Federal Insurance Office Hearing on Insurance Regulatory Modernization to be Webcast Live
Dec 8, 2011
In advance of its first major report to Congress on how to modernize and improve the system of insurance regulation in the United States, the Federal Insurance Office will host a conference tomorrow, December 9, 2011, entitled “Insurance Regulation in the United States: Modernization and Improvement.”
Webcast live, the event is scheduled from 9:00 a.m. to 1:00 p.m. To access the Webcast and complete agenda, click here.
A news release issued by the U.S. Treasury Press Office is reprinted below.
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Treasury Announces Federal Insurance Office Conference To Discuss Modernizing And Improving The Insurance Regulation System
WASHINGTON – As part of the Administration’s ongoing work to implement financial reform legislation, the Federal Insurance Office will host a conference, entitled “Insurance Regulation in the United States: Modernization and Improvement” on December 9, 2011 in the Treasury Department’s Cash Room. This conference will bring together state insurance regulators, federal government officials, consumer organizations, representatives of the insurance industry, and insurance experts to have a meaningful exchange on potential areas for insurance regulatory reform.
Created under the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Federal Insurance Office monitors all aspects of the insurance industry, including identifying issues contributing to systemic risk. It also monitors the availability and affordability of insurance to traditionally underserved populations; advises the Treasury Secretary on major domestic insurance policy issues; and develops and coordinates federal policy on international insurance regulatory matters. Early next year, the Federal Insurance Office will issue its first major report to Congress on how to modernize and improve the system of insurance regulation in the United States.
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