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Federal News and Information
Legislation that would create a federal backstop for catastrophic bonds issued by state guaranty funds could ultimately expose the taxpayers to further risk and damage reform efforts at the state level, NAMIC said Wednesday. (Posted: 3/10/2010)
House Passes Legislation to Streamline Agent Licensing
Last week, the House of Representatives approved legislation that would allow insurance agents and brokers to become licensed in multiple states using a streamlined process. (Posted: 3/9/2010)
House Financial Services Committee Looks for Natural Catastrophe Solutions
Because the House has passed a financial services regulatory reform package, the schedule has cleared up for the Financial Services Committee to look at other legislative proposals that have been introduced over this Congress. (Posted: 3/9/2010)
NAMIC PAC Board of Trustees Host First Quarter Meeting
The NAMIC PAC Board of Trustees held its first quarterly meeting of 2010 on Thursday March 4, 2010. Prior to the meeting on the evening of Wednesday, March 3, 2010 the trustees sat down for a private dinner with Rep. Jim Gerlach of Pennsylvania’s sixth district. (Posted: 3/9/2010)
Healthcare Reform Reaches the Home Stretch
Having slogged through the issue for a year or so, Democrats are now working to pass their healthcare reform legislation by the end of the month. (Posted: 3/9/2010)
NAMIC Federal Affairs Staff to Host Quarterly Update Calls
In response to an overwhelming desire to know what Congress is doing to impact the business of insurance at the federal level, NAMIC federal affairs staff will host quarterly update calls this year. (Posted: 3/9/2010)
CMS Issues New Guidance on Medicare Secondary Payer Reporting Requirements
The Centers for Medicare & Medicaid Services has released Version 3.0 of its User Guide that will help companies comply with the reporting requirements under Section 111 of the Medicare, Medicaid, and SCHIP Extension Act enacted in late 2007. (Posted: 3/9/2010)
Congressional Committees Examine Myriad of Issues While Waiting on Regulatory Reform
While Congress, the administration, and the financial services industry await the new Senate draft on financial services regulatory reform, the House Financial Services Committee and Senate Banking Committee have moved on to addressing issues placed on the backburner in the first session of the 111th Congress. (Posted: 3/9/2010)
Financial Services Industry Still Anticipating Movement on Regulatory Reform
A year and half after the start of the financial crisis, there is still no clear indication of whether Congress will be able to adopt legislation to reform the regulation of the financial services industry. (Posted: 3/9/2010)
The difference a year makes. We are faced with a fundamentally different economic, regulatory, political, and legislative environment now than we were just 12 short months ago. When 2009 began we were watching history in the making. After an historic election in 2008, President Obama was sworn in as the 44th president of the United States. On his coattails, rode enormous Democratic majorities in the House and the Senate – in the upper chamber they eventually reached a filibuster-stopping 60 votes – and the party was ready with an incredibly ambitious agenda. Right out of the gate he took on a massive stimulus bill, cap-and-trade legislation, healthcare reform, and a comprehensive overhaul of the nation’s financial services regulatory structure. (Posted: 3/4/2010)
Many Hurdles Ahead for Obama Administration in 2010 (3/4/2010)
The Senate in 2010: Life After Healthcare (3/4/2010)
NAMIC Applauds House Passage of Agent Licensing Reform Legislation (3/4/2010)
Senate Inactivity Keeps the House Coming Back to the Same Issues (3/4/2010)
The 2010 Elections: Can Republicans Take Control of Congress? (3/4/2010)
The Future of Pre-Disaster Mitigation Efforts (3/4/2010)
Giving to NAMIC PAC in Tough Times: An Interview with Kurt Foley (3/4/2010)
NAMIC’s Congressional Contact Program Celebrates 25 Years (3/4/2010)
Supreme Court Ruling on Citizens United: A Victory for Free Speech (3/4/2010)
Senate and Administration Shifting Away From Consumer Financial Protection Agency (3/2/2010)
Senate Negotiators Develop Enhanced Resolution Authority Proposal (3/2/2010)
Democrats Consider Reconciliation on Healthcare (3/2/2010)
NFIP Lapses After Extender Bill is Blocked (3/2/2010)
NAMIC Says NFIP Lapse is ‘Disconcerting’ (3/1/2010)
NAMIC: Misguided Anti-Trust Repeal Won’t Help Consumers (2/24/2010)
Top Senate Banking Official Addresses NAMIC’s Washington Briefing Series (2/23/2010)
New Obama Healthcare Plan Includes Federal Rate Review Provision (2/23/2010)
This Week in Congress – Healthcare Still Dominates Agenda (2/23/2010)
Another Short-Term Extension of the National Flood Insurance Program Expected (2/23/2010)
Toyota Hearings Scheduled for This Week (2/23/2010)
NAMIC Applauds Removal of Medical Liability from Anti-Trust Repeal as ‘Good First Step’ (2/22/2010)
NAMIC Applauds CMS Medicare Secondary Reporting Delay (2/18/2010)
Obama Administration’s Budget Calls For Changes to Terrorism Risk Insurance Program (2/16/2010)
Indiana Senator Bayh Announces Retirement (2/16/2010)
Commission on Deficit Reduction Expected Within Days (2/16/2010)
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