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News Archive: Insurance Regulation

NAMIC Remains Concerned by ONI Powers in Dodd Bill

NAMIC remains concerned about the latest version of financial services reform legislation unveiled by Sen. Chris Dodd, D-Conn., on Monday, specifically with regards to the powers granted to the proposed Office of National Insurance. (Posted: 3/15/2010)

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)

Senate Negotiators Develop Enhanced Resolution Authority Proposal

As negotiations continue in the Senate on comprehensive financial services regulatory reform, it is expected that one aspect will be the creation of an enhanced resolution authority that would allow the federal government to wind down failing financial firms, which would include insurance companies. (Posted: 3/2/2010)

Senate Regulatory Reform Debate Continues to Develop

Last week, Sen. Christopher Dodd, D-Conn., Chairman of the Senate Banking Committee, announced that negotiations with his Republican counterpart, Sen. Richard Shelby, R-Ala., on comprehensive financial services regulatory reform legislation had come to a stand-still – calling into question whether this legislation would move at all in the 111th Congress. (Posted: 2/16/2010)

California: NAMIC, PADIC Submits Written Comments on Proposed Revisions to Regulation on Reporting, Filing Premium Taxes

The California Department of Insurance held a public discussion Jan. 19 for interested stakeholders on its proposed revisions to regulation relating to reporting and filing of premium taxes. (Posted: 1/26/2010)

Financial Services Regulatory Reform Debate Moves to the Senate

As the House of Representatives finished up their work on sweeping financial regulatory reform legislation, the Senate is still in the early stages of their debate. (Posted: 12/15/2009)

House Passes Sweeping Financial Regulatory Reform Legislation

After almost a year of debate, lobbying, and legislative maneuvering, on Friday, December 11, 2009, the U.S. House of Representatives passed its version of comprehensive financial services regulatory reform. H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, passed by a slim margin of 223 to 202. (Posted: 12/15/2009)

NAMIC Responds to House Passage of Wall St. Reform Bill

NAMIC responded today to the passage of H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, by the U.S. House of Representatives. (Posted: 12/11/2009)

Financial Services Committee Approves Federal Insurance Office Legislation

NAMIC recognized the House Financial Services Committee for its work on legislation it approved Tuesday establishing a Federal Insurance Office within the Department of the Treasury. (Posted: 12/2/2009)

NAMIC: Property Casualty Insurers Not a Systemic Risk (12/2/2009)

House Committee to Pass Legislation on Federal Insurance Office, Systemic Risk Regulation, and Resolution Authority (12/1/2009)

NAMIC Missouri Members Urge Representatives to Oppose Legislation Creating Duplicative Regulatory Regime (12/1/2009)

Sens. Dodd and Shelby Split Over Divisive Regulatory Reform Proposals (11/17/2009)

Congress Continues Work on New Systemic Risk Regulator (11/17/2009)

An Office By Any Other Name… (10/6/2009)

NAMIC to Host Press Conference for New Public Policy Paper (10/6/2009)

New Report Warns Against Applying Systemic Risk Regulation to Insurers (9/22/2009)

Financial Services Regulatory Reform Debate Picks Up Steam (9/22/2009)

Maryland: NAMIC Issues Comment on Slavery-Era Insurance Regulation (8/11/2009)

NAMIC Encouraged but Cautious About Administration’s New White Paper (6/17/2009)

Property/Casualty Insurance Industry Should Not Be Subject to New Federal Systemic Authority, NAMIC Tells Congress (6/16/2009)

NAMIC Attends White House Meeting on Regulatory Reform (6/9/2009)

Kanjorski Reintroduces OII (6/2/2009)

Congress Returns From Recess With Packed Summer Agenda (6/2/2009)

Bill to Streamline Agent Licensing Introduced in the House (5/26/2009)

Colorado: Insurance Division to Hold Rule-Making Hearing on Proposed Auto Insurance Consumer Protections Regulation (5/26/2009)

Surplus Lines Regulatory Reform Bill Introduced (5/26/2009)

Congress Holds Hearing on Federal Insurance Regulation (5/19/2009)

Chairman Frank Sees Systemic Risk Proposal by End of June (5/19/2009)

Victory in Florida (5/19/2009)

NAMIC Cautions Congress to Avoid Dual Regulation (5/14/2009)

NAIC’s ‘Climate Risk’ Survey Uses Mandatory Disclosure to Promote Activist Groups’ Agenda, According to Paper Published by Washington Legal Foundation (5/11/2009)

Analysis Focuses on Financial Stability Through Conservative Management Practices (4/21/2009)

Frank’s Office Holds In-district Meeting with NAMIC (4/14/2009)