The National Association of Professional Insurance Agents (PIA) is proposing that the Federal Insurance Office be repealed.
The association points out that the combination of Donald Trump as president and a Republican majority in both houses of Congress presents a unique opportunity to re-examine the regulatory framework.
As part of any regulatory reform package for the financial services industry, PIA urges policymakers to fully repeal the Federal Insurance Office, added to the U.S. Department of the Treasury as part of the economic reform measures put in place after the Great Recession.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
