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Sen. Scott Praises IAIS Decision to Recognize U.S. State-Based Insurance Regulation System
December 05, 2024
WASHINGTON, Dec. 5 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:

Today, Ranking Member Tim Scott (R-S.C.) praised the International Association of Insurance Supervisors (IAIS) decision to protect the U.S. state-based insurance regulatory system and recognize existing capital requirement models as comparable to international standards. A former insurance agent, Ranking Member Scott ha . . .

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