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Tagged in: Antitrust law, Business, Department of Justice, Executive departments, Federal Trade Commission, Finance, Independent regulatory commissions, Insurance, Insurance companies, Jurisdiction, Law, Restrictive trade practices

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Latest Update: Friday, May, 16th 2008

A bill to further competition in the insurance industry.

2/15/2007--Introduced.

Insurance Industry Competition Act of 2007 - Amends the McCarran-Ferguson Act to make the Federal Trade Commission Act, as it relates to areas other than unfair methods of competition, applicable to the business of insurance to the extent that such business is not regulated by state law.

Authorizes the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to issue joint statements of their antitrust enforcement policies regarding joint activities in the business of insurance.

Latest Actions
  • 03/07/2007 - Committee on the Judiciary. Hearings held.
  • 02/15/2007 - Sponsor introductory remarks on measure. (CR S2044-2045)
  • 02/15/2007 - Read twice and referred to the Committee on the Judiciary.
Bill Text
File name Last Updated
S.618 Introduced in Senate08/31/2007

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