Washington–An insurance agents group is moving to galvanize public opinion against congressional proposals for optional federal chartering of insurers by pushing a model resolution opposing the concept with state legislatures.
The National Association of Professional Insurance Agents said it took the action in the expectation that OFC legislation will soon be reintroduced in Congress.
“Those who want to dismantle state regulation of insurance and replace it with a federal government takeover are at it again,” said Len Brevik, PIA executive vice president and chief executive officer. “It is critical that the states again express support for insurance regulation at the state level.”
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