Washington--A large number of financial services companies, including AIG, Allstate, Allianz and Chubb, are signing up to support legislation that would create an optional federal charter.
The group is led by the American Bankers Insurance Association. It is meeting with financial services companies throughout the country to seek support for a letter they plan to send to the leadership of the Senate Banking Committee.
Other members include the American Insurance Association, the Council of Insurance Agents and Brokers, the American Council of Life Insurers, and the Financial Services Roundtable.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
