In a joint comment letter to the Federal Reserve Board, the American Council of Life Insurers (ACLI) and the American Insurance Association (AIA) are voicing concern over changes to the Truth-in-Lending Act (TILA).
The letter says the proposed changes to Regulation Z would mandate language that would dissuade consumers from purchasing credit insurance products and also infringe on the state regulation of insurance as defined in the McCarran-Ferguson Act.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access