NU Online News Service, Sept. 30, 4:10 p.m. EDT
The Treasury Department is moving quickly to create a Federal Insurance Office (FIO), with existing staff laying the groundwork while the department conducts a public search for a director, deputy Treasury Secretary Neal Wolin told Congress today.
He also said that Treasury "will make every effort to ensure a cooperative and collaborative relationship with the National Association of Insurance Commissioners [NAIC]."
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