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Posts Tagged ‘Panel

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. It would make transmitting text messages or e-mails while driving a Class C infraction with a possible Read the rest of this entry »

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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 Stability Act of 2009, which he Read the rest of this entry »

WASHINGTON—The issue of federal insurance regulation no longer can be swept “under the rug,” an influential congressman said during a Tuesday hearing on Capitol Hill.

Noting that the Obama administration is expected to unveil its plan to enhance government oversight of financial markets on Wednesday, “it also appears likely that we will soon consider reforms aimed at mitigating systemic risk,” Rep. Paul E. Kanjorski, D-Pa., chairman Read the rest of this entry »

WASHINGTON—The head of W.R. Berkley Insurance Co. testifying at a Senate hearing on the future of insurance regulation voiced support for creation of a “independent” federal insurance regulator as the best means of regulating property-casualty insurance.

But representatives of smaller insurers, state regulators and independent agents challenged that view, asking that legislators “act prudently and responsibly” before revising Read the rest of this entry »

WASHINGTON—The head of W.R. Berkley Insurance Co. testifying at a Senate hearing on the future of insurance regulation voiced support for creation of a “independent” federal insurance regulator as the best means of regulating property-casualty insurance.

But representatives of smaller insurers, state regulators and independent agents challenged that view, asking that legislators “act prudently and responsibly” before revising Read the rest of this entry »

WASHINGTON—The head of W.R. Berkley Insurance Co. testifying at a Senate hearing on the future of insurance regulation voiced support for creation of a “independent” federal insurance regulator as the best means of regulating property-casualty insurance.

But representatives of smaller insurers, state regulators and independent agents challenged that view, asking that legislators “act prudently and responsibly” before revising Read the rest of this entry »

WASHINGTON—The head of W.R. Berkley Insurance Co. testifying at a Senate hearing on the future of insurance regulation voiced support for creation of a “independent” federal insurance regulator as the best means of regulating property-casualty insurance.

But representatives of smaller insurers, state regulators and independent agents challenged that view, asking that legislators “act prudently and responsibly” before revising Read the rest of this entry »