What Does Federal Advisory Committee on Insurance Mean?

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What does Federal Advisory Committee on Insurance mean? Read on to discover the definition & meaning of the term Federal Advisory Committee on Insurance - to help you better understand the language used in insurance policies.

Federal Advisory Committee on Insurance

Federal Advisory Committee on Insurance

Federal Advisory Committee on Insurance (FACI) is a committee that provides advice and recommendations to the Federal Insurance Office. It is composed of insurance professionals, insurance commissioners, and advocacy group leaders and belongs to the Treasury Department.

We hope the you have a better understanding of the meaning of Federal Advisory Committee on Insurance.

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