The Washington-based nonprofit American Enterprise Institute for Public Policy Research said its conference next month will include a discussion of how an optional federal charter might affect the cost of insurance in Gulf Coast states.

The meeting June 8 at the Wohlstetter Conference Center in Washington is cosponsored by the Competitive Enterprise Institute (CEI).

AEI noted that during this congressional session, Senators Tim Johnson, D-S.D., and John E. Sununu, R-N.H., are expected to cosponsor legislation to create an optional federal charter for insurers, allowing companies to organize under federal rather than state laws.

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