NAMIC Comments to FSOC on How PC Companies Pose No Systemic Risk


NAMIC Comments to FSOC on How PC Companies Pose No Systemic Risk

In November 2010, NAMIC filed comments with the Treasury Secretary as Chair of FSOC, detailing how the property/casualty industry poses virtually no systemic risk to the U.S. economy. NAMIC urged the FSOC to recognize the level and quality of existing regulatory oversight and to utilize existing evaluation tools, including the IRIS ratios and risk-based capital standards.

Contacts

Matt Brady
Senior Director of Advocacy Communications

202.580.6742

  Matt