Insurance agents oppose Federal Insurance Office study

Members of The National Association of Professional Insurance Agents (PIA) are unsettled about a federal insurance study. They feel that the study is biased and will not produce accurate results. If the law is based on these inaccuracies, they feel this could be devastating to the insurance industry. Currently, the Federal Insurance Office (FIO) has been called upon to report the potential risks and benefits of federal regulation in the insurance industry. The current authority over insurance belongs to each individual state, preventing the FIO from regulating the insurance industry. PIA…

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