Federal Insurance Office (FIO)

The Federal Insurance Office (FIO) is a U.S. government agency created after the 2008 financial crisis to monitor the insurance industry and ensure its stability. It assesses the health of insurance companies, identifies systemic risks that could impact the economy, and helps protect consumers. The FIO also works to improve coordination between state and federal regulators, ensuring that insurance markets operate effectively and fairly. In short, it plays a key role in keeping the insurance sector secure and reliable for individuals and businesses alike.