Thursday, October 25, 2007

 

Optional Federal Chartering Would Increase Competitiveness of Life Insurance Industry

A well-structured optional federal regulatory system would increase competitiveness, efficiency and innovation in the life insurance industry, according to a new study.

The study found that an optional federal chartering system (OFC) such as the one proposed in S. 40 and H.R. 3200 would reduce regulatory barriers that inhibit life insurers from achieving their full potential.

Optional Federal Chartering Would Increase Competitiveness of Life Insurance Industry
Source: Insurance News Net

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