Search Results

Senate Democrats inched closer toward passage of financial services reform legislation today when Sen. Scott Brown, R-Mass., said he would vote for the measure.

Financial services regulatory reform legislation establishing a Federal Insurance Office with limited authority was passed last week by the House of Representatives, setting the stage for Senate action after the July 4 recess.

Property and casualty insurance trade groups are voicing general support for financial services reform legislation as passed by the House, especially because it preserves state regulation of insurance.

The House passed legislation that would for the first time establish a federal office designed to deal with insurance activities.

The House took an important step toward reforming financial services industry regulation last night, passing legislation that would for the first time establish a federal office designed to deal with insurance activities.