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July 29, 2009
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1 min read
Consumer Letter Urging CFPA Authority over Credit-Related Insurance Products
On July 15, 2009, thirteen insurance industry trade organizations sent a letter asking that no insurance products or practices be included in the proposal to create a Consumer Financial Protection Agency (CFPA). The arguments made in opposition to including insurance in CFPA are self-serving, misleading and inaccurate and should be rejected by Congress.
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