= Fed Announces Members of Its Insurance Policy Advisory Committee
Targeted News Service (Press Releases)
WASHINGTON, Nov. 25 (TNSPer) -- The Federal Reserve issued the following news release on Nov. 24, 2021:
The Federal Reserve Board on Wednesday announced seven members, including six new members, of its Insurance Policy Advisory Committee, or IPAC. The members will serve three-year terms beginning in 2022.
The IPAC, which was established by the Economic Growth, Regulatory Relief, and Consumer Protection Act, provides information, advice, and recommendations to the Board on domestic and international insurance issues.
IPAC members have expertise in life insurance, property and casualty insurance, and reinsurance, and have professional backgrounds in insurance accounting, actuarial science, academia, insurance regulation, policyholder advocacy, capital markets, and other areas.
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