Proposed federal insurance 'czar' draws industry fire

At least two industry advocacy groups have come out against a
proposal in the Republican measure to repeal or rewrite major parts
of the Dodd-Frank Act to replace the Federal Insurance Office with
a new Office of the Independent Insurance Advocate, saying there is
no need for either one.
The advocate office would be created under a provision of the
Choice Act proposed by Republicans led by Representative Jeb
Hensarling of Texas, the chairman of the House Financial Services
Committee....