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Insurers Don’t Pose Systemic Risks, P/C Coalition Says
(3/10/2010)
In a letter to U.S. Senate Banking Committee Chair Chris Dodd (D-Conn.), the new Property & Casualty Leaders Coalition stated that property and casualty insurers do not pose a systemic risk and should not be subjected to enhanced federal solvency supervision or bank-centric financial regulation... Full Story
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NCOIL Urges Congress to Exclude Insurance From Systemic Risk Regulation
(3/10/2010)
The National Conference of Insurance Legislators’ (NCOIL) financial services committee has unanimously passed a resolution urging Congress to exclude insurers from systemic risk regulation proposals currently being considered... Full Story
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P/C Companies to Congress: Leave Us Out of Financial Services Overhaul
(3/4/2010)
Eleven CEOs from the largest property casualty insurance companies in the country have formed a new coalition to urge Senate Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.) to leave them out of the financial services overhaul legislation... Full Story
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NAIC to Explore More Rate Authority For States
(3/4/2010)
The National Association of Insurance Commissioners (NAIC) will study ways for states to gain more authority over setting health insurance rates in 2010... Full Story
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Obama To Seek Federal Power Over Health Insurers
(2/26/2010)
President Obama is proposing that the federal government be given the authority to prevent health insurance companies from increasing their rates excessively as part of the comprehensive healthcare legislation he is supporting... Full Story
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PIA Hails Removal of Medical Malpractice Insurers From Bill Restricting Insurance Antitrust Exemption
(2/22/2010)
WASHINGTON — The National Association of Professional Insurance Agents (PIA) is hailing the elimination of medical malpractice insurers from a the draft of a bill restricting the limited federal insurance antitrust exemption under the McCarran-Ferguson Act... Full Story
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Med Mal May Be Removed From Bill to Limit McCarran-Ferguson
(2/18/2010)
As a result of efforts by a broad industry coalition, an upcoming bill to partially repeal the limited federal insurance antitrust exemption under McCarran-Ferguson for health and medical malpractice insurers could be pared back, with medical malpractice insurers removed from the proposal... Full Story
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Vote On McCarran Repeal Delayed
(2/12/2010)
One of the things up in the air as a result of the D.C. snowstorms is the schedule of Congress. Both the House and Senate were scheduled to be in session this week but so far, the House hasn’t met and the Senate has only had pro-forma sessions... Full Story
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