Wednesday, October 07, 2009
House Panel Gears Up For Insurance Office Hearing
Life groups today are asking Congress to create a Federal Insurance Office, and the National Association of Insurance Commissioners is saying regulators might support a FIO bill, if the bill left solvency issues to the states.
The American Council of Life Insurers, Washington, and the NAIC, Kansas City, Mo., are sending witnesses to a House Financial Services Committee hearing on Obama administration financial services proposals.
The hearing includes separate panels on 3 components of the proposals: investor protection; oversight over private pools of capital; and creation of a National Insurance Office...
National Underwriter: House Panel Gears Up For Insurance Office Hearing
The American Council of Life Insurers, Washington, and the NAIC, Kansas City, Mo., are sending witnesses to a House Financial Services Committee hearing on Obama administration financial services proposals.
The hearing includes separate panels on 3 components of the proposals: investor protection; oversight over private pools of capital; and creation of a National Insurance Office...
National Underwriter: House Panel Gears Up For Insurance Office Hearing