IFAwebnews » OFC

Senate passes reform bill; states retain insurance regulation

Bob Graham — Fri, 21 May 2010 13:41:42 +0000

The U.S. Senate’s passage of financial services reform May 20 has drawn the praise of two insurance industry trade groups, both pleased to see that senators deemed property-casualty insurance different than other financial service sectors.

Senate passes reform bill; states retain insurance regulation via IFAwebnews.

White paper: U.S. insurance reform may mirror bad homeland security model

Bob Graham — Mon, 31 Aug 2009 10:45:08 +0000

The problems of the U.S. Department of Homeland Security should serve as a cautionary tale a federal takeover of insurance regulation, according to a new white paper.

Mark Boozell

“The resulting ... Read →

White paper: U.S. insurance reform may mirror bad homeland security model via IFAwebnews.

Consumers favor optional federal charter, survey finds

Bob Graham — Fri, 31 Jul 2009 11:10:46 +0000

Consumers favor an optional federal charter, according to a consumer advocacy group’s survey, because it would give them the ability to keep their insurance coverage and agent even if they ... Read →

Consumers favor optional federal charter, survey finds via IFAwebnews.

Agent groups weigh in on new national insurance office proposal

Keith L. Martin — Tue, 28 Jul 2009 11:10:47 +0000

Two national insurance agents groups are commending the Obama Administration for the clarity of language included in new details of its proposed Office of National Insurance, although one of the ... Read →

Agent groups weigh in on new national insurance office proposal via IFAwebnews.

Kanjorski says Obama’s plan supplants optional federal charter

Bob Graham — Wed, 24 Jun 2009 18:33:24 +0000

Pennsylvania Rep. Paul Kanjorski said that if the Obama Administration’s proposed Consumer Financial Protection Agency is passed, an optional federal insurance charter would be unnecessary.

Paul Kanjorski

“After this [is approved], ... Read →

Kanjorski says Obama’s plan supplants optional federal charter via IFAwebnews.

Life insurance groups unite to support optional federal charter

Keith L. Martin — Fri, 19 Jun 2009 11:00:39 +0000

Five of the nation’s largest organizations representing the life insurance industry are voicing their support for optional federal insurance regulation to legislators.

In a statement issued June 15, the American Council ... Read →

Life insurance groups unite to support optional federal charter via IFAwebnews.

Obama proposes national insurance office as part of regulatory reform

Keith L. Martin — Wed, 17 Jun 2009 17:37:50 +0000

Rather than implement an optional federal charter or sweeping regulations, the Obama Administration is proposing a national office of insurance to oversee the industry.

Today (June 17), President Barack Obama unveiled ... Read →

Obama proposes national insurance office as part of regulatory reform via IFAwebnews.

ACLI urges Treasury to include optional federal charter in reform

Keith L. Martin — Fri, 05 Jun 2009 10:50:02 +0000

As the Obama Administration gets closer to a plan for financial services regulatory reform, the American Council of Life Insurers is reiterating its stance that those efforts should include an ... Read →

ACLI urges Treasury to include optional federal charter in reform via IFAwebnews.

Pennsylvania congressman reintroduces National Insurance Office bill

Keith L. Martin — Wed, 27 May 2009 07:28:03 +0000

As he continues the push for the federal regulation of insurance, Pennsylvania Rep. Paul E. Kanjorski, a Democrat, has reintroduced what he is calling a “minimum step” for more oversight ... Read →

Pennsylvania congressman reintroduces National Insurance Office bill via IFAwebnews.

Insurance companies pump $35.7 billion into congressional coffers

Bob Graham — Tue, 19 May 2009 07:00:33 +0000

Insurance companies, including auto, home, business and life insurers, contributed more than $35.7 million to members of Congress over the last two election cycles, with an emphasis on those involved ... Read →

Insurance companies pump $35.7 billion into congressional coffers via IFAwebnews.