U.S. Treasury Releases Plans to Modernize Insurance Regulations

Order Reprints

Dec. 16, 2013—The U.S. Department of the Treasury’s Federal Insurance Office (FIO) announced its long-awaited report on how to modernize and improve the system of insurance regulation in the U.S. on Thursday.

The report was mandated as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The report was originally due in January 2012. According to an Automotive Service Association (ASA) press release_notes, Congress wanted the Department of Treasury’s FIO to review federal versus state regulation of insurance.

For more information on insurance regulation, visit ASA’s legislative website.

Recommended Products

2016 Ratchet+Wrench Shop Technology Survey: Complete Report

2018 Industry Survey: Leadership

2017 Ratchet+Wrench Shop Technology Survey: Complete Report

Related Articles

U.S. House Committee Looks into Insurance Regulation

Takata to be Fined $14K per Day by U.S. Regulators

Tesla Plans to Open Two Battery Sites in U.S.

You must login or register in order to post a comment.