TITLE

Charter Bill Asks Dual Funding

AUTHOR(S)
Lehmann, R. J.
PUB. DATE
May 2009
SOURCE
Best's Review;May2009, Vol. 110 Issue 1, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the charter bill introduced by Representatives Melissa Bean and Ed Royce before the U.S. House. The new bill is noted to propose a system for federal level registration and the creation of a National Insurance Guaranty Corp. (NIGC) for insolvency protection . Insurers under regulation of such bill are required to pay assessments to the NIGC and any of the state's guaranty funds where they do business.
ACCESSION #
40091942

 

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