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By Ted Besesparis |
March 1, 2011
Last year when Congress created the Federal Insurance Office (FIO), it ordered a broad study of insurance regulation in the United States—but it assigned the task of conducting that study to the FIO that it had just created. This creates an ideological conflict of interest.
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By Arthur D. Postal, PropertyCasualty360.com |
January 24, 2011
The PIA believes the decision on federal oversight of the insurance industry should be given to a nonpartisan entity, such as the Government Accountability Office, while the AIA argues such a decision should be left with the Federal Insurance Office.
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By Arthur D. Postal, PropertyCasualty360.com |
January 19, 2011
The National Association of Professional Insurance Agents is calling on Congress to strip the Obama administration of its authority to make recommendations to Congress regarding future oversight of the insurance industry.
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By Arthur D. Postal, PropertyCasualty360.com |
June 21, 2010
Final action on the insurance section of financial services reform legislation has been delayed as conferees work through an impasse over a federal insurance office's scope of authority in international matters.
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By Arthur D. Postal, PropertyCasualty360.com |
June 16, 2010
Final action on the insurance title of financial services reform legislation has been delayed as conferees debate the scope of preemption authority a federal insurance office would have to preempt state law when negotiating bilateral trade accords.
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By Arthur D. Postal, PropertyCasualty360.com |
May 17, 2010
Winning an exemption for insurers from having to help pay to wind down failed non-insurance firms posing a systemic risk to the economy was the key priority for insurers
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By Arthur D. Postal, PropertyCasualty360.com |
May 10, 2010
Trade groups called on the Senate last week to reject an amendment to financial services reform legislation they charge would "substantially weaken" the ability of a proposed Office of National Insurance to address "critical" trade issues.
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By Arthur D. Postal, PropertyCasualty360.com |
May 5, 2010
An Oregon senator is proposing an amendment to financial services legislation significantly limiting the Treasury Department's authority to negotiate international insurance trade agreements.
