Federal Insurance Office

The Federal Insurance Office (FIO) is a U.S. government agency established after the 2008 financial crisis. Its main role is to monitor and assess the health of the insurance sector, particularly the nation's largest insurers, to ensure they remain stable and can withstand economic shocks. The FIO collects data, analyzes risks, and works with other financial regulators to improve the overall safety of the insurance market. Additionally, it can help coordinate responses to systemic risks that could impact the broader financial system, ensuring consumer protection and market integrity.