State legislators are trying to derail fast-track efforts to pass legislation that would create a federal Office of Insurance Information, telling U.S. senators further debate is required before radically changing the insurance regulatory landscape.

An Aug. 1 letter was sent to every U.S. senator by the National Conference of Insurance Legislators, following a July 29 hearing of the U.S. Senate Committee on Banking, Housing and Urban Affairs--during which Sen. Christopher Dodd, D-Conn., indicated that the Senate could consider a legislative package that may include parts of H.R. 5840, the Insurance Information Act of 2008, before adjourning in September.

The letter--signed by state representatives and senators, including NCOIL President Brian Kennedy, a Democrat from Rhode Island--said H.R. 5840 "has not been vetted in the Senate or debated by any previous Congress."

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