The Financial Institutions Insurance Association is up in arms over attempts to wrap bank insurance powers in legislation shoring up the thrift insurance fund.

Details of the thrift bill are still being hammered out, but Rep. Jim Leach is pushing a provision that would give state insurance commissioners broad authority to license agents.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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