Property/casualty insurance does not pose a systemic risk and should not be subject to any new federal systemic authority, according to NAMIC. NAMIC testified before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises today at a hearing titled "System Risk and Insurance." This is likely to be the last hearing before Congress crafts legislation to modernize the financial services regulatory structure.
Natural Disaster Policy Should Not Incentivize Risky Behavior, NAMIC Tells Congress
To properly address coastal insurance issues there must be an appropriate balance between the private insurance sector and the government that avoids encouraging risky behavior in disaster-prone areas. (Posted: 7/2/2009)
NAMIC To Congress: Support The “Access To Repair Parts Act” (6/26/2009)
NAMIC Responds to Florida Governor’s Veto of HB 1171 (6/25/2009)
The Number of Customers Shopping for New Insurance Providers Declines (6/25/2009)
Number of States Banning Texting While Driving Doubles in 2009 (6/22/2009)
Natural Disaster Policy Should Not Incentivize Risky Behavior, NAMIC Tells Congress (7/2/2009)
Florida Members in Washington for 2009 CCP (6/30/2009)
Florida Members in Washington for 2009 CCP (6/30/2009)
Ohio: Civil Action Bill Headed to Senate Floor (6/30/2009)
The Number of Customers Shopping for New Insurance Providers Declines (6/25/2009)
Number of States Banning Texting While Driving Doubles in 2009 (6/22/2009)
Connecticut: NAMIC Joins Amicus Brief Opposing AG Disclosure of Confidential Information (6/30/2009)
Safety Issues, Model Audit Rule Dominate State Law Enactments (6/30/2009)
Natural Disaster Policy Should Not Incentivize Risky Behavior, NAMIC Tells Congress (7/2/2009)
NAMIC To Congress: Support The “Access To Repair Parts Act” (6/26/2009)
NAMIC Responds to Florida Governor’s Veto of HB 1171 (6/25/2009)
NAMIC Alerts are for registered users of NAMIC Online from member companies. Work for a member company, but not a registered user, register today (it's free).
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