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Newsletter Mar 2008: Federal role urged in US insurance regulation

Simon Turmaine | March 22, 2008

WASHINGTON – The US federal government has got to become a partner with state regulators in supervising the nation’s insurance industry, a senior Congressman urged in March. Democrat Barney Frank spoke as US lawmakers vented their anger at the stalling, in an election year, of bond sales by America’s municipalities because of the bond insurance crisis.

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