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Michigan insurance and financial services under new regulatory umbrella
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Regulatory Updates
Monday, January 21, 2013
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Michigan Gov. Rick Snyder issued an executive order establishing the Department of Insurance and Financial Services, removing it from the purview of the Office of Financial and Insurance Regulation in the Department of Licensing and Regulatory Affairs. The goal is to provide a focal point of consumer protection, efficient regulation and spur insurance and financial services sector growth. Read on for details.
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