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Friday, June 14, 2013

Will the FIO's Regulatory Modernization Report be Released this Summer?

During yesterday's House Financial Services Committee (HFSC) hearing, "The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers," the Federal Insurance Office (FIO) Director McRaith stated that the insurance regulatory report, which was originally scheduled to be released in January of 2012, would be released soon. Specifically, Mr. McRaith said that "our hope is [the report will be released] this summer."

Link to the HFSC hearing.