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By Arthur D. Postal, PropertyCasualty360.com |
May 8, 2012
The pressure on the Senate to act on a long-term National Flood Insurance Program extension intensified as trade groups across multiple industries kicked off their “Flood the Hill” campaign with a letter sent to Senate leadership.
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By Arthur D. Postal, PropertyCasualty360.com |
February 14, 2012
Forty-one signatures have been secured on a letter from senators to the Senate leadership urging prompt action on legislation reauthorizing the National Flood Insurance Program.
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By Arthur D. Postal, PropertyCasualty360.com |
January 26, 2012
Efforts are underway to jump-start Senate action on a long-term National Flood Insurance Program extension.
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By Arthur D. Postal, PropertyCasualty360.com |
December 16, 2011
Congress appears ready to pass a short-term National Flood Insurance Program reauthorization by midnight tonight, according to insurance-industry lobbyists, who add that a long-term extension is still “in play.”
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By Phil Gusman, PropertyCasualty360.com |
December 14, 2011
The House last night passed a five-year National Flood Insurance Program extension as part of a larger, controversial bill extending some tax cuts while also seeking budget cuts.
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By Arthur D. Postal, PropertyCasualty360.com |
May 10, 2010
U.S. Senate Republicans believe failure to increase federal oversight of large insurance companies is a major deficiency of financial services reform legislation, questioning whether state guaranty funds are adequate to deal with large carrier failures.
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By Arthur D. Postal, PropertyCasualty360.com |
May 4, 2010
Legislation to fund the unwinding of failing companies that threaten the nation's financial system should not put assessments on insurers, three trade groups have written the Senate leadership.
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By Arthur D. Postal, PropertyCasualty360.com |
April 21, 2010
The Insurance Information Institute is warning that levying a federal tax on property and casualty insurers to pay for the bailout of failed financial institutions would "constitute a significant policy error."
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By Arthur D. Postal, PropertyCasualty360.com |
April 16, 2010
President Obama today criticized opponents of financial services reform, saying failure to enact such legislation "would be leaving taxpayers on the hook if a crisis like the one we've just seen ever happens again."
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By Arthur D. Postal, PropertyCasualty360.com |
April 14, 2010
The Obama administration has made clear it will support the Senate version of a financial services reform bill as the measure appears to be nearing a floor vote.