Insurance Reform Proposed

May 2006
Financial & Insurance Meetings;May/Jun2006, Vol. 42 Issue 3, p10
Trade Publication
The article offers information on a bill introduced by U.S. Senators John Sununu and Tim Johnson in April 2006, designed to overhaul insurance regulation in the U.S. by giving companies the option of following federal rather than state supervision.


Related Articles

  • Optional federal charter is much-needed reform.  // Business Insurance;5/28/2007, Vol. 41 Issue 22, p8 

    The article presents the author's opinion on the introduction of the National Insurance Act by U.S. Senators John Sununu and Tim Johnson. The author thinks that the idea that insurers and producers should be allowed to choose federal rather than state regulation is both sound and overdue. He...

  • Senate To Soon See Federal Charter Bill. Postal, Arthur D. // National Underwriter / P&C;4/3/2006, Vol. 110 Issue 13, p32 

    The article focuses on the plan of the U.S. Senate to introduce legislation establishing an optional federal charter for life and property-casualty insurance companies. The bill is being introduced by senators John Sununu and Tim Johnson. It is in final draft form and is being circulated to...

  • Insurance Charter Bill Introduced. Kaper, Stacy // American Banker;9/29/2006, Vol. 171 Issue 188, p3 

    This article reports that Rep. Ed Royce (R-California) introduced a bill that would create an optional federal charter for the insurance industry modeled after the dual banking system. The National Insurance Act is a House companion to the Senate bill introduced in the spring by Senators John...

  • Federal charter offers one-stop regulatory shop.  // Business Insurance;4/17/2006, Vol. 40 Issue 16, p8 

    The author reflects on National Insurance Act of 2006 introduced by U.S. Senators John Sununu and Tim Johnson that would allow insurers and producers to choose new federal charter rather than state charters. He argues that dealing with large number of regulators is time consuming and expensive....

  • Proposed Legislation Establishing An OFC Splits Industry.  // Insurance Advocate;6/4/2007, Vol. 118 Issue 12, p42 

    The article focuses on the reintroduction of the National Insurance Act in the U.S. Senate, a legislation which would establish an optional federal charter, by Senators John Sununu and Tim Johnson. It states that the act would split insurance industry even though it would bring regulatory...

  • National insurance rules are needed. Dworkin, Gary S. // New Hampshire Business Review;3/2/2007, Vol. 29 Issue 5, p23 

    The article presents the author's view on the importance of national insurance rules in the U.S. According to the author, few people realize that access can be denied under the current insurance regulatory system if they live in the wrong state. He discusses the National Insurance Act by...

  • Federal Regulation Bill Draws Opposition.  // Claims;May2006, Vol. 54 Issue 5, p54 

    Discusses the issues surrounding the bill introduced by U.S. Senators John Sununu from New Hampshire and Tim Johnson from South Dakota in April 2006 to establish a federal program of insurance regulation. Details of the bill; Reaction of several insurance associations towards the bill; Remarks...

  • Senate Bill Would Create a Dual Insurance System. Rucker, Patrick // American Banker;4/6/2006, Vol. 171 Issue 66, p17 

    The article focuses on a bill proposed by South Dakota Democratic Senator Tim Johnson and New Hampshire Republican Senator John Sununu, which would allow insurance agencies to register either under state or federal regulations. A similar dual system exists for banks, and reactions to the...

  • P-C Industry Split On Senate Bill To Create Optional Federal License. Postal, Arthur D.; Connolly, Jim // National Underwriter / P&C;4/10/2006, Vol. 110 Issue 14, p6 

    The article discusses the division of property-casualty insurance company groups regarding the U.S. Senate bill that would create federal licensing process and would allow insurers and producers to conduct their business nationwide without state regulations. The National Insurance Act of 2006,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics