OFC Gaining Momentum?


Hmmmm…Looking more like I might be buying Chad a drink at ACORD-LOMA. Investment News reports that NAIC now supports consideration of an optional federal charter, leaving only NAMIC and IIBIA still firmly opposed. NAIC is also moving its headquarters to DC for the first time.

I wonder if NAIC has seen the writing on the wall, and been swayed somewhat by the Royce-Bean Bill’s requirements that the new national regulator maintain physical offices in every state (nationalizing the DOIs)

I still don’t think this is a done deal, but I have to admit, the odds are not running in favor of my original prediction that Democratic governors and house members would block this initiative.

Bookmark and Share


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: