Financial Regulation
Financial Regulation
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Financial reform: winners and losers

Insurance buyers
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Insurance buyers

For the first time, a newly created Federal Insurance Office will monitor all insurance on a national level, except health insurance. While insurance will still be primarily regulated by the states, the office will identify and research problems encountered by U.S. insurance buyers, especially low- and moderate-income buyers.

The financial reform act requires the new office to then share this information with state authorities and other federal agencies to improve overall government oversight of insurance companies.


 

 

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