Optional Federal Charter Hearings Underway

Optional Federal Charter Hearings Underway

17 April 2008 · No Comments

This article at Insurance Journal caught my eye:

The Professional Insurance Agents Association of Ohio (PIA) recently testified before the House Insurance Committee in support of a resolution for Ohio to formally oppose any “new layers of needless federal bureaucracy to insurance regulation.”

Of course, I had to see that comment about an hour after I received conflicting demands from state regulators on a couple of filings I have outstanding. And that’s just two lines for one product in one state. There are fifty other jurisdictions I get to deal with in the U.S. too.

Some days, it’s very easy to wish for a single federal regulatory agency to deal with.

Tags: Bureaucracy In General · Insurance · ·