NU Online News Service, Feb.22, 1:57 p.m. EST
The Property Casualty Insurers Association of America (PCI) released a consulting firm study that concluded any new legislation regulating the financial system based on the size of financial institutions would be unfair.
Relying on firm size to determine risk to the financial system and assessing large companies to insure against such risk would create inequitable burdens on some firms and their customers, the report concluded.
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