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Senate Hearing, 109TH Congress - Perspectives On Insurance Regulation by Scribd Government Docs is a document available to read on EtoBox.
This document summarizes an insurance regulation hearing before the Senate Committee on Banking, Housing, and Urban Affairs. Under Secretary Randal Quarles of the Treasury Department testified on the need to modernize insurance regulation. He stated that while state regulation provides benefits, the current system creates economic inefficiencies due to duplication across non-uniform state regimes. It also poses international impediments and systemic blind spots by failing to account for the industry
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- Scribd Government Docs
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