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Fireman's Fund CEO Tells Congress Optional Federal Charter Needed

National News • July 12, 2006
The current insurance regulatory structure inhibits innovation and actually perpetuates commoditization of insurance products to the detriment of consumers, according to Joseph J. Beneducci, ...

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Subject: Federal Regulation

Posted On: July 13, 2006, 8:37 am CDT
Posted By: Matt Skomal
Comment:
Just how does having 1 regulator (or in this case 1 superimposed over 50) promote innovation.
I can see a cost savings cutting down filing costs, admin paperwork, etc.
But one set of rules would tend to limit innovation, not increase it.
Of course there are numerous examples of how well the Feds run things :)
Just look at ......uh uh (hmm can't think of an example shockingly).
Subject Posted By Posted On
RE: Federal Regulation Neel
Jul 25, 2006, 9:33 am
Federal Regulation Matt Skomal
Jul 13, 2006, 8:37 am
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