ORLANDO – The nation's insurance industry is in for some version of regulatory reform and could face a dual system of state and federal regulation following last year's financial meltdown and one of the longest recessions in history, Insurance Information Institute President Robert P. Hartwig said Thursday."It's a real possibility we'll end up with some form of dual regulation," Hartwig warned at the National Council on Compensation Insurance (NCCI) Annual Issues Symposium in Orlando. "Once the feds get their nose under the tent, literally anything can happen."Hartwig sai...
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