Agent groups fought a war of words in dueling op-ed pieces in a Capitol Hill newspaper over the last several weeks, crossing lobbying swords over calls for an optional federal charter.
In its piece, officials of the Independent Insurance Agents and Brokers of America acknowledged that "serious, significant reform" of insurance regulation is needed, and suggested resurrecting an idea to create a national self-regulatory organization to oversee producer licensing.
However, a splinter agent group formed to support an optional federal charter dismissed the IIABA's proposal for reform as a mere "band-aid."
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