Posts Tagged ‘Bill’
Republicans Want to Revisit Financial Regulation Reform Bill
Posted by: incur on: September 25, 2010
Republicans will reopen the broad Wall Street reform law and overhaul the newly created consumer protection bureau if they regain control of Congress after the November elections, a leading lawmaker said Monday. Richard Shelby, the top Republican on the powerful Senate Banking Committee, said lawmakers must revisit the legislation enacted this summer, which is the [...]
Bank-regulation bill headed for Senate fight
Posted by: incur on: March 23, 2010
WASHINGTON (Insurance Headlines) – Republicansabandoned their effort to alter Wall Streetregulatory legislation in a key Senatecommittee yesterday, leaving the fight for the full Senate, and clouding prospects for a bipartisan bill. Republicans had offered more than 300 amendments to legislation proposed by Senate Banking Committee Chairman Christopher Dodd,but they withdrew them over the weekend. That [...]
Health Bill – ‘On Life Support’ – Continues To Highlight Political Divides
Posted by: incur on: February 8, 2010
President Obama’s State of the Union speech has so far failed to unite Democrats on a health reform strategy as they “stared down a political nightmare,” The Associated Press reports. “The grim reality opened a divide between the rank and file and congressional leaders, who insisted health care would get done, even though last week’s [...]
Indiana panel backs bill to ban texting while driving
Posted by: incur on: February 5, 2010
Indiana would join a growing number of states that have banned texting while driving if legislation approved by a state House committee on Wednesday becomes law. The House Public Policy Committee voted unanimously for the bill by Democratic Rep. Joseph Pearson of Hartford City after several people told the panel that it would save lives. [...]
House Passes Finance Bill Creating Federal Insurance Office
Posted by: incur on: February 2, 2010
The House passed the wide-ranging Wall Street Reform and Consumer Protection Act of 2009, drawing an immediate and generally favorable reaction from one insurance trade group and a lukewarm response from another. After the measure that would create a Federal Insurance Office was approved today on vote of 223 to 202, Charles M. Chamness, the [...]
House Passes Finance Bill Creating Federal Insurance Office
Posted by: incur on: February 1, 2010
The House passed the wide-ranging Wall Street Reform and Consumer Protection Act of 2009, drawing an immediate and generally favorable reaction from one insurance trade group and a lukewarm response from another. After the measure that would create a Federal Insurance Office was approved today on vote of 223 to 202, Charles M. Chamness, the [...]
Health Bill Jam-up Threatens Flood Program Legislation
Posted by: incur on: December 21, 2009
WASHINGTON?Procedural roadblocks thrown up by Republicans to stop action on health care legislation in the Senate are putting the National Flood Insurance Program in jeopardy. The program?s authorization runs out tomorrow, and the fact that the House has recessed until January has placed immense pressure on the Senate to act. To deal with the issue, [...]
Financial services bill includes insurer reforms
Posted by: incur on: November 18, 2009
WASHINGTON?The inclusion of surplus lines reform in a massive financial services regulatory reform bill released last week was welcomed by insurers and risk managers, although some fear other measures in the bill could have unintended consequences for the insurance industry. The draft of the Restoring American Financial Stability Act, unveiled last week by Senate Banking, [...]
Senate panel adds surplus lines to regulatory bill
Posted by: incur on: November 13, 2009
WASHINGTON?Inclusion of a provision to streamline the regulation of surplus lines insurers in a comprehensive financial regulatory reform bill is drawing plaudits from industry observers. Senate Banking, Housing and Urban Affairs Committee Chairman Christopher Dodd, D-Conn., included the Nonadmitted and Reinsurance Reform Act as part of the 1,136-page discussion draft of the Restoring American Financial [...]
