As regulators and legislators met in Washington, D.C., this week to discuss the state of the municipal market and potential solutions, the efforts of state insurance officials and the forthcoming regulation changes were held up as a model.

Specifically, New York insurance superintendent Eric Dinallo and Wisconsin insurance commissioner Sean Dilweg have been active in seeking solutions to the current capital shortfalls affecting the financial guarantors. Dinallo provided testimony to the House Financial Services Committee Wednesday in which he outlined potential ideas for changes to the regulations overseeing the bond insurers.

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