In the post below, I wrote about the property-casualty industry being largely unaffected by two finance-reform bills in the House and Senate.
The American Council of Life Insurers, on the other hand, released this statement Friday from president Frank Keating:
"This is a long and complicated bill and its effects on the life insurance industry will not be clear until a final bill is adopted and the rulemaking process is complete...
Courant: American Council of Life Insurers "Very Concerned" About Aspects Of Finance Legislation
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