Federal Advisory Committee on Insurance (FACI) News

Ohio Director Froment Named to Federal Insurance Advisory Committee

Ohio Department of Insurance reported that Director Jillian Froment has been appointed to serve on the Federal Advisory Committee on Insurance (FACI). The committee provides advice and recommendations to the Federal Insurance Office (FIO). FACI was established in 2011 to …

Treasury Names 12 to Federal Insurance Advisory Committee

The U.S. Department of the Treasury has named 12 individuals including several insurance industry executives, a professor, a consumer advocate and six state regulators to serve on the Federal Advisory Committee on Insurance (FACI). The FACI was established to provide …

Treasury Troubled by Smaller Firms Not Buying Cyber Insurance

While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller companies, on the other hand, have not followed suit, Deputy U.S. Treasury Secretary Sarah Bloom Raskin said recently. “Cyber insurance …

21 Named to Federal Insurance Advisory Committee

The Treasury Department has named 21 individuals including state regulators, insurance executives, college professors and consumer advocates to serve as members of the Federal Advisory Committee on Insurance (FACI). The FACI provides advice to the Federal Insurance Office (FIO), which …