N.Y. agents, bankers agree on parity bill
- Banks and the sale of insurance: The legal environment. Lybecker, Martin E. // Banking Law Journal;Oct98, Vol. 115 Issue 9, p874
Summarizes developments in federal banking laws in the United States concerning insurance which arose from various litigation and administrative actions. Validity of Section 92 of the Constitution which allows the United States National Bank of Oregon to as agent in selling insurance products...
- Fed regulators at odds over H.R. 10 rules on bank sales. Brostoff, Steven // National Underwriter / Property & Casualty Risk & Benefits Manag;06/08/98, Vol. 102 Issue 23, p1
Reports on the disagreement among United States federal banking regulators regarding the impact of financial services reform legislation on bank insurance sales. Failure of legislation to diminish national banks' capability to retail insurance; Development of standard offering banks less...
- State-chartered Mass. banks to get insurance green light. Friedman, Amy S. // National Underwriter / Property & Casualty Risk & Benefits Manag;06/08/98, Vol. 102 Issue 23, p7
Focuses on the approval of legislation giving state-chartered banks in Massachusetts parity with national banks in insurance sales. Repeal of anti-inflation statute regarding banks and insurers; Protection of consumers without restricting banks' ability to sell insurance.
- Relief bill headed for trouble over CRA, insurance powers. Garsson, Robert M.; de Senerpont Domis, Olaf // American Banker;6/22/1995, Vol. 160 Issue 119, p2
Reports on the debate concerning a provision in the regulatory relief legislation that limits the insurance powers of national banks in the United States. Deliberations in the US House Banking Committee regarding the legislation; Anger of some representatives over a section of the bill that...
- Constitutional question: Does R.I. law go too far? Seiberg, Jaret // American Banker;5/28/1997, Vol. 162 Issue 101, p4
Focuses on the legality of a Rhode Island law restricting bank insurance sales. Provisions of Article 6 of the US Constitution; Validity of state laws as opposed to federal laws; Need for the Office of the Comptroller of the Currency to determine the validity of the state law.
- Large Exposures Directive and underwriting business. Murray, Iain; Aldwinckle, Ralph // Accountancy;Aug1991, Vol. 108 Issue 1176, p49
Reports on the concerns by banks in Europe about the proposed Large Exposures Directive issued by the European Commission in 1991. Directive on the underwriting business of banks.
- Miss. governor signs law to let state banks into business. Gillam, Carey // American Banker;3/11/1997, Vol. 162 Issue 47, p10
Reports on Governor Kirk Fordice's approval of laws allowing banks in Mississippi to sell insurance. Provisions of the law; Comments from Fordice.
- Ohio banks unrestricted in life sales. Cox, Brian // National Underwriter / Life & Health Financial Services;4/24/95, Vol. 99 Issue 17, p1
Reports on the Ohio Joint Committee on Agency Rule Review's (JCARR) rejection of an Ohio Department of Insurance proposal on the sale of insurance. Implications for banks; Reasons cited; Expectations.
- Agents pan vote allowing affiliations. Brostoff, Steven // National Underwriter / Life & Health Financial Services;7/3/95, Vol. 99 Issue 27, p1
Reports that insurance agents are marshalling their forces in an all-out effort to defeat or modify legislation approved by the House Banking Committee that would allow banks, insurance companies and insurance agencies to affiliate. Limitations of the ability of the Comptroller of the Currency...