PCI Issues Statement on Federal Insurance Office Reform Bill
"PCI applauds Reps. Duffy and Heck for introducing the Federal Insurance Office Reform Act of 2017. This bipartisan legislation will reduce FIO's domestic footprint, eliminate its quasi-regulatory authority, and refocus the FIO on international matters, where it can play an appropriate role in coordinating with the states to develop consensus on
"The bill also limits the bureaucracy from expanding beyond its core mission.
"PCI looks forward to working with Reps. Duffy and Heck and the Financial Services Committee to move this bill through the legislative process."
PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write
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