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Thursday, March 14, 2013

FIO Forms Task Force on Life Insurers' use of Captives

During yesterday's meeting of the Federal Insurance Office's (FIO) Federal Advisory Committee on Insurance (FACI), FIO director Michael McRaith was reported to have formed a task force to examine the effect of the use by life insurers of captives and special purpose vehicles.

ABIA is interested in the use of captives and will keep the membership informed.

Watch a video of the FACI Meeting.