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How to reform financial service reform

John Lobert — Tue, 25 May 2010 13:16:08 +0000

When Washington lobbyists were predicting that Sen. Chris Dodd’s retirement announcement spelled the end of financial services reform, I opined in an article I wrote for Captive Review that they were dead wrong. My theory was that with health insurance reform taken care of and no fundraising to worry about, Dodd had only this to focus on. With the help of New England Republicans-In-Name-Only, I was vindicated—his bill, S. 3217, now awaits reconciliation with its House counterpart, H.R. 4173.

How to reform financial service reform via IFAwebnews.

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.

Dodd financial reform bill gives little ‘gift’ to insurance industry

John Lobert — Wed, 12 May 2010 21:55:00 +0000

As the Dodd financial reform bill (that’s S. 3217 for those in the know) awaits its final disposition on the Senate floor, it would do us well to reflect on what, if anything, it has to do with insurance.

Dodd financial reform bill gives little ‘gift’ to insurance industry via IFAwebnews.

Senate exempts independent agents from data collection mandate

Keith L. Martin — Wed, 24 Mar 2010 18:02:37 +0000

A national independent insurance agents’ group is applauding a U.S. Senate panel for approving an amendment to financial reform legislation freeing its membership from onerous data collection.

Senate exempts independent agents from data collection mandate via IFAwebnews.

Insurance industry emotions mixed about Senate financial reform plan

Keith L. Martin — Wed, 11 Nov 2009 14:28:39 +0000

Senate Democrats have unveiled a comprehensive financial reform bill, calling for “responsibility and accountability” in the financial sector through several provisions, including those affecting the insurance industry.

Insurance industry emotions mixed about Senate financial reform plan via IFAwebnews.

Kanjorski revamps bill calling for federal insurance office

Keith L. Martin — Thu, 08 Oct 2009 10:58:12 +0000

Legislation aimed at creating a national insurance office has a new name, but the same proponent seeking to establish a federal insurance regulator.

Kanjorski revamps bill calling for federal insurance office 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.

PIA president describes ‘nightmare’ reform scenarios

Keith L. Martin — Thu, 16 Jul 2009 10:53:56 +0000

The president of the National Association of Professional Insurance Agents (PIA) is voicing his concern over efforts in Washington, D.C., to reform health care and state insurance regulation, likening it ... Read →

PIA president describes ‘nightmare’ reform scenarios 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.