Insurance Information Institute (I.I.I.) President Robert Hartwig testified before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on Tuesday to make the case that the insurance industry should not suffer the same regulatory wrath of the Dodd-Frank Act (DFA) as the banking industry.

While congress made clear in the regulation that the insurance industry is distinct from banking and should not be held subject to all the same provisions, Hartwig took the stand to express further concern over the DFA.

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