Opposition by state legislators to the increasing power of Washington over insurance sales may be stronger in theory than in practice.

That certainly seemed to be the case Friday at the annual meeting of the National Conference of State Legislatures. During a panel pro-vocatively billed as a examination of "eroding" state power, only a single lawmaker spoke up to protest federal regulators' increasing ability to preempt state financial services laws.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.