NU Online News Service, March 2, 2:50 p.m. EDT
The Financial Stability Oversight Council will vote Tuesday on the factors it will use in determining whether an insurer is "systemically significant," a regulatory process that has been underway since the fall of 2010.
A proposal was first published for comment in January 2011, but re-proposed last Sept. 11 under intense pressure from the insurance industry as well as members of Congress.
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