Capital Markets Subcommittee

• Industry, Legislators And Administration Clash Over Dodd-Frank Implementation

  By Arthur D. Postal, PropertyCasualty360.com  |  April 25, 2011

  The speed with which the Dodd-Frank bill should be implemented is generating conflict in Washington.

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  Wolin Pushes Back Against Republican Efforts To Delay Dodd-Frank

  By Arthur D. Postal, PropertyCasualty360.com  |  April 19, 2011

  Treasury Undersecretary Neal Wolin lashed out at those seeking to delay or otherwise impede implementation of the Dodd-Frank financial services reform law, vowing that the administration will “move forward…quickly, carefully and responsibly.”

• Legislation Introduced To Phase Out NFIP

  By Arthur D. Postal, PropertyCasualty360.com  |  February 14, 2011

  Legislation has been introduced in Congress that would phase out the National Flood Insurance Program by the end of 2013.

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  Legislation Introduced To Phase Out NFIP

  By Arthur D. Postal, PropertyCasualty360.com  |  February 8, 2011

  Legislation has been introduced in Congress by Rep. Candice Miller, R-Mich, that would phase out the National Flood Insurance Program by the end of 2013.

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  State Legislative Groups Ask For Surplus Lines Implementation Delay

  By Arthur D. Postal, PropertyCasualty360.com  |  January 26, 2011

  Trade groups representing state legislators are asking Congress to extend for one year—until July 12, 2012—the effective date for state implementation of the surplus lines reform and modernization law.

• Rep. Biggert To Head Insurance Subcommittee In House

  By Arthur D. Postal, PropertyCasualty360.com  |  December 9, 2010

  Rep. Judy Biggert, R-Ill., was named to head the House Financial Services Committee subcommittee that deals with insurance in the next Congress.

• Insurers In Talks Seeking Exemption From Pre-Funding Systemic Risk Fund

  By Arthur D. Postal, PropertyCasualty360.com  |  March 22, 2010

  Insurers with assets of more than $50 billion would not be subject to the pre-funding provisions of the resolution authority that would be created in Senate financial services reform legislation to deal with firms posing a systemic risk to the economy.

• Industry Reps See Finance Bill Exempting Big Insurers

  By Arthur D. Postal, PropertyCasualty360.com  |  March 18, 2010

  Insurance representatives said they may get a deal for Senate financial services reform legislation with no financial assessments and little regulatory impact for high-asset insurers.