Regulatory duplication: APCIA wants FIO to refocus mandate

The mandate of the Federal Insurance Office (FIO) should be changed so it focuses on lobbying on behalf of US insurers and reinsurers overseas – instead of often doubling up on the work of state-based insurance regulators, Sam Whitfield, senior vice president of federal government relations and political engagement at the American Property Casualty Insurance Association (APCIA), told APICA Today.