The U.S. Securities and Exchange Commission is investigating more cases resulting from the financial crisis, according to its chairwoman, who said the Dodd-Frank financial services reform bill passed this week will help.

The U.S. House of Representatives is taking a proactive step to approve another short-term extension of the National Flood Insurance Program (NFIP) rather than let it expire, as it has done twice in recent months.

The House Financial Service Committee approved a bill creating a federal insurance office. The office, to be run by the U.S. Treasury Department, would provide information to Congress on insurance matters, as well as work on global insurance initiatives.

Still questioning the need for a federal regulator of insurance amid strong state-based oversight, the National Association of Insurance Commissioners is praising lawmakers for amendments to a bill establishing a Federal Insurance Office.

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

A public health insurance option to compete with private insurers is one way to reform America’s health care system, but not the only way, according to one Pennsylvania congressman.

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 →

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 →

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 →

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 →