While the National Conference of Insurance Legislators (NCOIL) Friday applauded Speaker of the House Nancy Pelosi for blocking House Resolution 5840, the Insurance Information Act, from Wednesday's suspension calendar, former Montana Gov. Marc Racicot urged the U.S. Treasury Department to immediately establish an insurance information office.Racicot, who is also the president of the American Insurance Association (AIA), sent a letter to U.S. Treasury Secretary Henry Paulson Friday stemming from the recent American International Group (AIG) meltdown.“It will be critical for Treasu...
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