AIA SUPPORTS A MODERNIZED INSURANCE REGULATORY SYSTEM THAT WOULD:
- Provide uniform and efficient regulation.
- Empower consumers by enabling insurers to respond quickly and creatively to their needs.
- Allow the competitive marketplace to be the primary influence on rates and product design.
- Establish a national regulator focused mainly on insurer solvency and market conduct.
- Keep pace with financial services industry reform, market globalization, and technology.
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