State regulators want to put the kibosh on the Federal Insurance Office
December 31, 2024 by John Hilton
State insurance regulators know what they want from the anti-government fervor inspired by the return of President Donald Trump: elimination of the Federal Insurance Office.
A coalition of insurance commissioners from nine states issued a joint letter to heads of the Department of Government Efficiency requesting the death of the FIO. Led by Elon Musk and Vivek Ramaswamy, the controversial DOGE is charged with streamlining federal operations and reducing inefficiencies.
Click HERE to read the full story via INN
Wink’s Moore on the Market: Do we need a Federal Insurance Office?
The National Association of Insurance Commissioners (NAIC) says, “NO.” -sjm