WASHINGTON–Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, committed himself yesterday to "examining" legislation that would reform regulation of the surplus lines and reinsurance markets as a priority for his committee agenda in 2008.

In revealing his agenda for 2008 at a packed press briefing in the radio-TV gallery, he also committed the panel to looking at legislation creating an Optional Federal Charter for insurers as part of the congressional initiative to "reform and improve insurance regulation."

Other priorities will include enactment of legislation reauthorizing the National Flood Insurance Program (NFIP) as well as reforming the program. "I intend to do all I can to move this legislation to the president's desk before the end of the year," Sen. Dodd said.

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