WASHINGTON, D.C., Jan. 31, 2014 - The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”), will testify on Tuesday, Feb. 4, 2014 before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Insurance at a hearing titled “The Federal Insurance Office’s Report on Modernizing Insurance Regulation.”

 

WHO:  Jon Jensen, chairman of the Big “I” government affairs committee; independent insurance agent from South Carolina

 

WHAT:  Testify before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Insurance at a hearing titled “The Federal Insurance Office’s Report on Modernizing Insurance Regulation.”

 

WHEN:  Tuesday, Feb. 4, 2014

 

TIME:  10:00 a.m. Eastern

 

WHERE:  2128 Rayburn House Office Building
              Washington, D.C. 20515

 

WEBCAST:
For more information and to watch the hearing live, click HERE or go to: http://financialservices.house.gov/calendar/eventsingle.aspx?EventID=368079

 

In late December, the Federal Insurance Office (FIO) released the long-overdue report on “Ways to Modernize and Improve the System of Insurance Regulation in the United States.” The report, originally due in January 2012, was mandated by the Dodd-Frank Wall Street Reform Act of 2010 (Dodd-Frank) which created FIO. The hearing will discuss the report’s findings and will include two panels: the first will be a government panel and the second will include the Big “I” and other industry representatives.

Jon Jensen, an independent agent from South Carolina and Big “I” Government Affairs Committee chairman, will represent the association. He is president of Correll Insurance Group, headquartered in Spartanburg, S.C.