Frank: Federal regulation must protect consumers

by Mark A. Hofmann (mailto:mhofmann@BusinessInsurance.com) at Business Insurance: Breaking News

WASHINGTON—Any federal system to regulate insurers must contain significant consumer protections to be acceptable to the chairman of the House Financial Services Committee. In fact, the chairman—Rep. Barney Frank, D-Mass.—said Wednesday he would support a federal role in insurance regulation "as...

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