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September 23, 2004

AIA Insurers Call State Regulation a 'Trifecta' of Failure, State Their Case for Federal Role

A representative of the American Insurance Association (AIA) testified before the Senate Banking Committee, alleging that "the outdated, dysfunctional nature" of state insurance regulation does not allow the insurance industry to meet the needs of individual or business insurance consumers.

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Posted by Tom Troceen