TITLE

Treasury Submits Plan for National Insurance Office

AUTHOR(S)
Hamilton, Jesse A.
PUB. DATE
September 2009
SOURCE
Best's Review;Sep2009, Vol. 110 Issue 5, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the draft submitted by the U.S. Department of the Treasury to Congress which focuses on the development of the Office of National Insurance (ONI). It reveals that ONI will be responsible in addressing the issues facing the insurance industry as well as will represent the country in global insurance matters. The American Insurance Association expressed its support on the proposal which will help enhance consumer protection in the country.
ACCESSION #
44210438

 

Related Articles

  • U.S. treasury plan to increase tax on P/C insurers on...  // Insurance Advocate;04/04/98, Vol. 109 Issue 14, p30 

    Reports on the opposition of the American Insurance Association on the proposal by the United States Treasury Department to increase tax on property/casualty insurers on municipal investments. Legislators who also opposes the proposal; Provisions of the proration on property and casualty insurance.

  • In A Year Of Critical Issues, AALU Says Access To Lawmakers Is Critical. Higgins, Barry // National Underwriter / Life & Health Financial Services;4/22/2002, Vol. 106 Issue 16, p33 

    Focuses on the government relations of the Association for Advanced Life Underwriting. Action taken by the group in relation to estate tax reform law; Description of the group's access to the U.S. Congress; Relationship with the U.S. Treasury Department.

  • Treasury Seeks Information On Group Life Market For Terrorism Re Program. Brostoff, Steven // National Underwriter / Life & Health Financial Services;12/9/2002, Vol. 106 Issue 49, p34 

    Focuses on the action of the U.S. Dept. of Treasury to seek for information on group life market for terrorism reinsurance program in the region. Advantages and disadvantages of the action; Coverage of the reinsurance program; Aim of the initiative.

  • House panel advances insurance overseer. Casale, Jeff; Hofmann, Mark A. // Business Insurance;12/7/2009, Vol. 43 Issue 44, p3 

    The article reports on the support of risk managers and insurer groups in the U.S. to the approval of the Federal Insurance Office (FIO) Act of 2009 by the Financial Services Committee of the House of Representatives in December. Representative Paul Kanjorski of Pennsylvania proposed such bill...

  • Treasury Insurance Agency Proposal Authorizes State Law Preemption Powers. Postal, Arthur D. // National Underwriter / P&C;7/27/2009, Vol. 113 Issue 28, p7 

    The article reports on the legislation sent to the U.S. Congress by the U.S. Treasury Department to create an Office of National Insurance (ONI) that would take charge over solvency and international issues. The proposed agency is designated to have a subpoena power to collect information from...

  • Subcommittee considers federal insurance oversight.  // South Texas Automotive Report;Jul2008, Vol. 10 Issue 10, p7 

    The article reports on the hearing held on June 10, 2008 on the creation of a federal Office of Insurance Information (OII) by the Subcommittee on Capital Markets. It states the meeting aims to survey the insurance industry regarding the creation of this office. It also talks about how the OII...

  • Treasury reviews financial services regulation. Hofmann, Mark A. // Business Insurance;11/26/2007, Vol. 41 Issue 48, p3 

    The article reports that a comprehensive U.S. Treasury Department review of the regulatory structures of financial institutions could further the drive for an optional federal charter (OFC) for insurers. In its comments, the Washington-based American Insurance Association made clear that its...

  • Notices: DEPARTMENT OF THE TREASURY.  // Federal Register (National Archives & Records Service, Office of;4/24/2013, Vol. 78 Issue 79, p24310 

    The article focuses on several notices, call for papers and request for comment related to the U.S. Department of Treasury. The Biggert- Waters Flood Insurance Reform Act of 2012 requires a study conducted by the U.S. Director of the Federal Insurance Office (FIO) followed by the submission of...

  • Terrorism Insurance: Effects of the Terrorism Risk Insurance Act of 2002: GAO-04-806T. Hillman, Richard J. // GAO Reports;5/18/2004, p1 

    After the terrorist attacks of September 11, 2001, insurance coverage for terrorism largely disappeared. Congress passed the Terrorism Risk Insurance Act (TRIA) in 2002 to help commercial property-casualty policyholders obtain terrorism insurance and give the insurance industry time to develop...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics