The clouds shrouding the precise nature of the federal footprint on the insurance industry have dissipated somewhat after the Treasury department unveiled its plans for the Office of National Insurance.

Not surprisingly, the plans hew quite closely to H.R. 2609, the Insurance Information Act, sponsored by Rep. Paul Kanjorski (D.-Pa.), which posited an ONI as an repository of insurance knowledge at the federal level and a unified voice in international agreements.

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