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INSURANCE: Bill pushing federal regulator on horizon

Two members of Congress last month said they plan to introduce legislation that would mandate federal regulation of the insurance industry.

Two members of Congress last month said they plan to introduce legislation that would mandate federal regulation of the insurance industry. As outlined by Reps. Melissa Bean, D-Ill., and Ed Royce, R-Calif., the bill would create an office of national insurance to set guidelines for national insurers

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