The Federal Bureau of Investigation backed away Thursday from earlier statements suggesting that it was conducting a broad investigation of the insurance industry.[@@]
Meanwhile, the National Association of Insurance Commissioners, Kansas City, Mo., described its role in responding to FBI inquiries about the insurance industry as “routine.”
Earlier press reports quoted Chris Swecker, an FBI assistant director, as stating that the FBI had been working with the NAIC to conduct a broad investigation in response to probes launched by New York Attorney General Eliot Spitzer. FBI spokesman Joe Paris now says Swecker was “widely misquoted.”
“We’re not investigating anyone,” Paris says.
But Paris says the FBI has been taking a “proactive look” at the insurance industry.