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Modernization Through Cooperation
The National Conference of Insurance Legislators (NCOIL), National Conference of State Legislatures (NCSL), and National Association of Insurance Commissioners ...
NCOIL Schedules Hearing on Market Conduct Model Law
The National Conference of Insurance Legislators (NCOIL) has released a proposed market conduct regulation model law that envisions a fundamental rethinking of ...
Louisiana Joins ASSURE
Louisiana Insurance Commissioner J. Robert Wooley has joined other state insurance regulators lobbying against federal regulation of the industry. Wooley said ...
PIA Files Reply With U.S. Supreme Court in OCC Case
On August 15, 2003, PIA National filed its reply to the OCC's brief opposing PIA's petition for a writ of certiorari with the United States...
Federal Reserve Issues Draft Interpretation on Tying, PIA National to File Comments
The Federal Reserve has issued a draft interpretation of anti-tying rules used by the Fed, which would prohibit banks from requiring customers to buy ...
NCOIL to Hold Market Conduct Hearings September 12 in Chicago
A subcommittee of the National Conference of Insurance Legislators (NCOIL) will hold a hearing on Market Conduct in Chicago on September 12, the day before...
NAIC, NCSL, NCOIL Reaffirm State Regulation
The National Association of Insurance Commissioners (NAIC) and two national organizations of state legislators, the National Conference of State Legislatures ...
NAIC Reaffirms Commitment to Modernization, Adopts Action Plan
The National Association of Insurance Commissioners (NAIC) has reaffirmed its commitment to modernizing the state-based system of insurance regulation by ...
PIA National Says Federal Reserve Should Clarify Proposed Guidance
WASHINGTON, October 1, 2003 - The National Association of Professional Insurance Agents (PIA) has urged the Federal Reserve Board to make it clear that ...
GAO Report Recommends Greater Uniformity of State Market Conduct
On October 2, 2003, the General Accounting Office (GAO) released a report entitled: Insurance Regulation: Common Standards and Improved Coordination Needed to ...
Supreme Court Declines PIA's Request for Cert - OCC
TO: PIA State/Regional Affiliate Executives CC: PIA National Member Leadership FROM: Pat Borowski RE: Supreme Court Declines Our Request for Cert - OCC On...
NAMIC Steps Up Efforts Against Optional Federal Charter
The National Association of Mutual Insurance Companies (NAMIC) has announced a stepped up effort to take an optional federal charter for insurers off the ...
GAO Issues Report on Bank Tying
The General Accounting Office (GAO) has released its report to the House of Representatives Energy & Commerce Committee and Financial Services Committee ...
Senate Hearing on Federal Involvement in Insurance Regulation
The Senate Commerce, Science and Transportation Committee held a hearing Wednesday, October 22 to examine federal involvement in the regulation of the ...
States Unite to Fight Proposed OCC Banking Preemption
Efforts by the Office of the Comptroller of the Currency to preempt state laws are not confined to those dealing with insurance. While PIA has...
House Financial Services Committee to Hold Hearing on Insurance Regulation This Week
The House Financial Services Capital Markets Subcommittee, chaired by Rep. Richard H. Baker (Louisiana), will hold a hearing Wednesday November 5 to review ...
Another Congressional Hearing on Insurance Regulation
On November 5, the House Financial Services Committee's Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises held a hearing on ...
House to Consider Bill to Bar Banks From Real Estate Brokerage Activities
H.R. 2989 will move to the House floor for consideration this week. The bill would prohibit the Treasury Department from moving ahead with a rule...
NCOIL Postpones Approval of Market Conduct Model Act
State legislators who convened recently during the Annual Meeting of the National Conference of Insurance Legislators (NCOIL) took strong action to encourage ...
Pressure to Speed Reform Builds in Congress
Will 2004 be the year that Congress passes legislation on insurance regulation? Perhaps. But one thing is certain: the pressure is building. Recently, the...
Alliance Urges NAIC to Move up Timetable on Modernization
The Alliance of American Insurers is urging the NAIC to accelerate its timetable for getting all 50 states to modernize their regulatory processes. In ...
Linkletter Praises NAIC, Endorses State Regulation
Legendary broadcaster, best-selling author and successful businessman Art Linkletter gave the keynote address at the opening session of the 2003 NAIC Winter ...
Conflicts Increasing in State and Federal Regulation
Recently, I received three questions from PIA members (see the sidebar at the bottom of this page for responses to the questions): "The states...
NAIC, NCOIL and NCSL Agree on Goals, Differ on Strategies
Within the past month, the National Association of Insurance Commissioners (NAIC), National Conference of Insurance Legislators (NCOIL) and National Conference ...
Insurer Groups Urge Baker to Reexamine Optional Federal Charter
The American Bankers Insurance Association, American Council of Life Insurers, American Insurance Association, the American Council of Life Insurers and the ...
OCC Announces Banking Regulations
Recent efforts by the Office of the Comptroller of the Currency to preempt state laws are not confined to those dealing with insurance. The...
OCC to Congress: If You Don't Like Our Actions, Pass a Law
In a December 23 letter to Rep. Carolyn B. Maloney (D-New York), a senior member of the House Financial Services Committee, Comptroller of the Currency...
OCC Releases Final Bank Regs on Preemption
On January 7, the Office of the Comptroller of the Currency (OCC) released final regulations that spell out when federal law preempts state law for...
PIA Blasts OCC Preemption Regulations
WASHINGTON, January 20, 2004 - The National Association of Professional Insurance Agents (PIA) today criticized new rules issued by the Office of the ...
PIA's 2004 Issues of Focus
Other issues of importance to agents that may see movement this year include reauthorization and reform of the federal flood insurance program, renewal of...