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Also tagged in: Antitrust law, Bankruptcy, Business, Casualty insurance, Corporate mergers, Corporate reorganizations, Department of the Treasury, Executive departments, Executive reorganization, Federal preemption, Finance, Holding companies, Insurance agents, Insurance companies, Law, Licenses, Life insurance, Ombudsman, Politics and government, Property insurance, State and local government, State laws
Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6849) Bill TextA bill to authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. 5/24/2007--Introduced. National Insurance Act of 2007 - Establishes in the Department of the Treasury an Office of National Insurance (ONI), headed by a Commissioner of National Insurance, with Divisions of Insurance Fraud and of Consumer Affairs, and an Office of the Ombudsman.Authorizes the Commissioner to supervise, regulate, and provide for registration of insurance self-regulatory organizations. Requires the Commissioner to supervise national insurers and national agencies, including chartering and licensing. Removes them,[...] show full description
Also tagged in: Antitrust law, Bankruptcy, Business, Casualty insurance, Corporate mergers, Corporate reorganizations, Department of the Treasury, Executive departments, Executive reorganization, Federal preemption, Finance, Holding companies, Insurance agents, Insurance companies, Law, Licenses, Life insurance, Ombudsman, Politics and government, Property insurance, State and local government, State laws
Latest Action: 07/26/2007 - Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committ Bill TextTo authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. 7/26/2007--Introduced. National Insurance Act of 2007 - Establishes in the Department of the Treasury an Office of National Insurance (ONI), headed by a Commissioner of National Insurance, with Divisions of Insurance Fraud and of Consumer Affairs, and an Office of the Ombudsman. Authorizes the Commissioner to supervise, regulate, and provide for registration of insurance self-regulatory organizations. Requires the Commissioner to supervise national insurers and national agencies, including chartering and licensing. Removes them, as well [...] show full description
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Latest Legislation - View All
Also tagged in: Antitrust law, Bankruptcy, Business, Casualty insurance, Corporate mergers, Corporate reorganizations, Department of the Treasury, Executive departments, Executive reorganization, Federal preemption, Finance, Holding companies, Insurance agents, Insurance companies, Law, Licenses, Life insurance, Ombudsman, Politics and government, Property insurance, State and local government, State laws
Latest Action: 07/26/2007 - Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committ Bill TextTo authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. 7/26/2007--Introduced. National Insurance Act of 2007 - Establishes in the Department of the Treasury an Office of National Insurance (ONI), headed by a Commissioner of National Insurance, with Divisions of Insurance Fraud and of Consumer Affairs, and an Office of the Ombudsman. Authorizes the Commissioner to supervise, regulate, and provide for registration of insurance self-regulatory organizations. Requires the Commissioner to supervise national insurers and national agencies, including chartering and licensing. Removes them, as well [...] show full description
Also tagged in: Antitrust law, Bankruptcy, Business, Casualty insurance, Corporate mergers, Corporate reorganizations, Department of the Treasury, Executive departments, Executive reorganization, Federal preemption, Finance, Holding companies, Insurance agents, Insurance companies, Law, Licenses, Life insurance, Ombudsman, Politics and government, Property insurance, State and local government, State laws
Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6849) Bill TextA bill to authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. 5/24/2007--Introduced. National Insurance Act of 2007 - Establishes in the Department of the Treasury an Office of National Insurance (ONI), headed by a Commissioner of National Insurance, with Divisions of Insurance Fraud and of Consumer Affairs, and an Office of the Ombudsman.Authorizes the Commissioner to supervise, regulate, and provide for registration of insurance self-regulatory organizations. Requires the Commissioner to supervise national insurers and national agencies, including chartering and licensing. Removes them,[...] show full description
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