The Federal Insurance Office (FIO) is a federal agency that exists within theU.S. Department of Treasury. The FIO was created after the2007-2008 financial crisis. It advised the Treasury Department and other federal government agencies on all matters relating to insurance and the insurance industr...
Department of the Treasury's Federal Insurance Office (FIO) submitted to Congress and released a report on how to modernize and improve the system of insurance regulation in the United States. The report concluded that policy goals of uniformity, efficiency, and consumer protection make federal ...
FACI provides advice and recommendations to assist the Federal Insurance Office (FIO) within the U.S. Department of the Treasury in carrying out its duties and authorities in monitoring the insurance industry. The committee is limited to 25 members and includes insurance industry leaders, state insu...
you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first be able to hit your deductible. And your deductible restarts every year. ...
The insurance sector, both internationally and in the United States, is evolving dramatically, and it is important that we take these opportunities to reflect upon where we are now and where we are going. People are often surprised to learn that over 100 years ago, in his annual message to...
Federal Insurance Officeinsurance regulationPerhaps the most important report that the FIO will ever make is the report on the system of state-based insurance regulation. By the end of January 2012, the FIO Director is to submit a report to Congress recommending changes to modernize and improve ...
Federal Insurance Office (FIO) and its December 12, 2013 report, under the Dodd-Frank Act, which gives recommendations on improving and modernizing U.S. insurance regulation. Topics include the grounds of th...
Federal Insurance Office in 2013. Topics discussed include the industry's reception of the proposed partnership between state and federal regulators and concern about the adoption of the hybrid model of insurance...
The author muses on the creation of the Federal Insurance Office under the Department of Treasury which will oversee the consolidation of assets in large companies. The author thinks that the FIO must report the improvements in insurance regulation as an expansion of the federal involvement in ...