Discuss the Federal Insurance Office and the collision repair industry Last week, the Automotive Service Association’s Collision Operations Committee (COC) met with the Federal Insurance Office’s (FIO) deputy director, Steven Seitz, and other FIO officials to discuss the future of the FIO, as well as its work in the property and casualty sector as related […]
Federal Insurance Office Announces Methodology for Monitoring Auto Insurance Affordability
The U.S. Department of the Treasury’s Federal Insurance Office (FIO) announced the adoption of a methodology for monitoring the affordability of automobile insurance. Title V of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes FIO to monitor the extent to which traditionally underserved communities and consumers, minorities, and low- and moderate-income (LMI) persons […]