Fireman’s Fund CEO Tells Congress Optional Federal Charter Needed

July 12, 2006

  • July 13, 2006 at 8:37 am
    Matt Skomal says:
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    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).

  • July 25, 2006 at 9:33 am
    Neel says:
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    My opinion is that a lot of companies are hoping for the federal charter to be more lax than the current state based system allows.

    The question is, who do you support, The Big Insurance Companies or the consumer?



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