Key Dem Readies Federal Charter Bill

By Steven Brostoff, Washington Editor

NU Online News Service, Feb. 6, 3:32 p.m. EST?Rep. John J. LaFalce, D-N.Y., the ranking Democrat on the House Financial Services Committee, is preparing to introduce legislation that would establish optional federal chartering of insurance companies, maintain state rate regulation and largely repeal the industry's McCarran-Ferguson antitrust immunity.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.