All Insurance companies Legislation - Federal Government
S.3652 - A bill to provide for financial market investigation, oversight, and reform.
Latest Action: 09/29/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to provide for financial market investigation, oversight, and reform. Comment on Bill S.3068 - A bill to require equitable coverage of prescription contraceptive drugs and devices, and contraceptive services under health plans.
Latest Action: 05/22/2008 - Sponsor introductory remarks on measure. (CR S4803-4804) Bill Text A bill to require equitable coverage of prescription contraceptive drugs and devices, and contraceptive services under health plans. 5/22/2008--Introduced. Equity in Prescription Insurance and Contraceptive Coverage Act of 2007 [sic] - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Public Health Service Act to prohibit a group health plan, and a health insurance issuer providing group coverage, from: (1) excluding or restricting benefits for prescription contraceptive drugs, devices, and outpatient services if the plan provides benefits for other outpatient prescription drugs, devices, or outpatient services; (2) denying eligibility based on use or potential use of such items or services; (3) providing monetary payments or rebates to a covered individual to encourage acceptance of less than the minimum protections available; (4) penalizing, reducing, or limiting a professional's reimbursement because the professional prescribed such drugs [...] show full description H.R.6062 - To amend the Fair Credit Reporting Act to prohibit the use of consumer reports and consumer information in making any determination involving personal lines of insurance with respect to a consumer, and for other purposes.
Latest Action: 05/15/2008 - Referred to the House Committee on Financial Services. Bill Text To amend the Fair Credit Reporting Act to prohibit the use of consumer reports and consumer information in making any determination involving personal lines of insurance with respect to a consumer, and for other purposes. 5/15/2008--Introduced.
Personal Lines of Insurance Fairness Act of 2008 - Amends the Fair Credit Reporting Act to prohibit a consumer reporting agency from furnishing to any person, and any person from using or obtaining, either a consumer report or consumer information for use in making any decision to underwrite or rate any personal lines of insurance. Exempts from such prohibition insurance information derived from specified data bases, including property loss, driver history, and medical history . S.2948 - A bill to provide quality, affordable health insurance for small employers and individuals.
Latest Action: 04/30/2008 - Sponsor introductory remarks on measure. (CR S3599) Bill Text A bill to provide quality, affordable health insurance for small employers and individuals. 4/30/2008--Introduced. Small Business Empowerment Act - Directs the Secretary of Health and Human Services to establish a national program to make quality, affordable health insurance available to small employers and self-employed individuals in a manner that will spread risk on a national basis, modeled on the federal employees health benefit program.Requires the Secretary to enter into a contract with an eligible entity for administration of the program. Authorizes such administrator to provide health insurance coverage to employees of participating employers and individuals. Directs such administrator to: (1) establish a pilot program to provide for the offering by carriers of a model health benefits plan; and (2) contract with the Institute of Medicine to assess the impact of the program on health care coverage costs and access.Sets minimum standards for program health [...] show full description H.R.5840 - To establish an Office of Insurance Information in the Department of the Treasury.
Latest Action: 07/09/2008 - Subcommittee Consideration and Mark-up Session Held. Bill Text To establish an Office of Insurance Information in the Department of the Treasury. 4/17/2008--Introduced. Insurance Information Act of 2008 - Directs the Secretary of the Treasury to advise the President and Congress on domestic and international policy issues regarding all lines of insurance except health insurance. Establishes within the Department of the Treasury the Office of Insurance Information, headed by a Deputy Assistant Secretary, to: (1) collect, analyze, and disseminate information and issue reports regarding all lines of insurance except health insurance; (2) establish federal policy on international insurance matters and ensure that state insurance laws are consistent with agreements between the United States and a foreign government or regulatory entity; and (3) advise the Secretary on major domestic and international insurance policy issues. Extends the authority of the Office to all lines of insurance except health insurance. Preempts [...] show full description H.R.5792 - To amend the Liability Risk Retention Act of 1986 to increase insurance competition and available coverage for consumers.
Latest Action: 07/09/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill Text To amend the Liability Risk Retention Act of 1986 to increase insurance competition and available coverage for consumers. 4/15/2008--Introduced. Increasing Insurance Coverage Options for Consumers Act of 2008 - Amends the Liability Risk Retention Act of 1986 to cover risk retention groups offering commercial property insurance. Applies the exemption of purchasing groups from state law to commercial property insurance. Terminates the inclusion in risk retention groups under the Act of any such group chartered, licensed, or authorized under the laws of Bermuda or the Cayman Islands. Prescribes general corporate governance standards for such groups, together with license or charter criteria regarding state examination authority and minimum requirements for safety and soundness. Prohibits a risk retention group from participating in an insurance insolvency guaranty association that includes participants other than risk retention groups. Revises procedures [...] show full description H.R.5633 - To amend the Fair Credit Reporting Act to prohibit certain discriminatory uses of consumer reports and consumer information in connection with certain personal lines of insurance, and for other purposes.
Latest Action: 03/13/2008 - Referred to the House Committee on Financial Services. Bill Text To amend the Fair Credit Reporting Act to prohibit certain discriminatory uses of consumer reports and consumer information in connection with certain personal lines of insurance, and for other purposes. 3/13/2008--Introduced.
Nondiscriminatory Use of Consumer Reports and Consumer Information Act of 2008 - Amends the Fair Credit Reporting Act to prohibit a consumer reporting agency from furnishing to any person, and any person from using or obtaining, a consumer report or consumer information for use in making any decision to underwrite or rate any personal lines of insurance for which the Federal Trade Commission (FTC) determines that such use: (1) results in racial or ethnic discrimination; or (2) represents a proxy or proxy effect for race or ethnicity. Excludes from such proscription insurance information, including property loss data, driver history, and medical history, derived from specified data bases. H.R.5449 - To amend the Employee Retirement Income Security Act of 1974, Public Health Service Act, and the Internal Revenue Code of 1986 to prohibit discrimination in group health coverage and individual health insurance coverage.
Latest Action: 02/14/2008 - Referred to the Subcommittee on Health. Bill Text To amend the Employee Retirement Income Security Act of 1974, Public Health Service Act, and the Internal Revenue Code of 1986 to prohibit discrimination in group health coverage and individual health insurance coverage. 2/14/2008--Introduced. No Discrimination in Health Insurance Act of 2008 - Amends the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code, and the Public Health Service Act to prohibit a group health plan from imposing any preexisting conditions exclusion.Requires each health insurance issuer that offers health insurance coverage in the group market in a state to: (1) accept every employer in the state that applies for such coverage; (2) accept enrollment for every eligible individual who applies during the enrollment period; (3) charge the same premium price for the same coverage; and (4) openly disclose such premium price.Eliminates provisions allowing nonfederal governmental plans to opt out of certain group health plan [...] show full description S.2621 - A bill to amend the Terrorism Risk Insurance Act of 2002, to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events.
Latest Action: 02/11/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to amend the Terrorism Risk Insurance Act of 2002, to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 2/11/2008--Introduced.
Terrorism Risk Insurance Improvement Act of 2008 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year. H.R.4721 - To amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events.
Latest Action: 03/28/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill Text To amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 12/17/2007--Introduced.
Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year. S.2477 - A bill to amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce.
Latest Action: 12/13/2007 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Bill Text A bill to amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/13/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states [...] show full description H.R.4460 - To amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce.
Latest Action: 12/12/2007 - Referred to the Subcommittee on Health. Bill Text To amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/12/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states to submit [...] show full description H.R.4320 - To amend title XIX of the Social Security Act to strengthen the Medicaid third-party liability requirements.
Latest Action: 12/06/2007 - Referred to the Subcommittee on Health. Bill Text To amend title XIX of the Social Security Act to strengthen the Medicaid third-party liability requirements. 12/6/2007--Introduced. Amends title XIX (Medicaid) of the Social Security Act to direct state Medicaid plans to require the state to provide the Secretary of Health and Human Services with satisfactory assurances that it has in effect laws requiring the state to make inquiries to third parties, including health insurers, self-insured plans, group health plans, or other parties operating in any state that are responsible for payment of a claim for a health care item or service. Requires third parties to: (1) provide, upon state request, information about Medicaid-eligible or -receiving individuals to determine during what period the individual (or the spouse or dependents) may be (or may have been) covered by a health insurer, as well as the nature of such coverage; (2) accept the state's right of recovery and the assignment to the state of any right of an individual [...] show full description H.R.4299 - To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes.
Latest Action: 12/13/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes. 12/12/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Terrorism Risk Insurance Program Reauthorization Act of 2007 - (Sec. 2) Amends the Terrorism Risk Insurance Act to redefine an act of terrorism to eliminate the requirement that the individual or individuals committing a terrorist act be acting on behalf of any foreign person or foreign interest.(Sec. 3) Extends the Terrorism Risk Insurance Program through calendar 2014.(Sec. 4) States that no insurer may be required to make payment for insured losses in excess of its statutory deductible combined with its statutory share of insured losses. Requires the Secretary of the Treasury to: (1) notify Congress within 15 days of [...] show full description H.R.4159 - To amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes.
Latest Action: 11/13/2007 - Referred to the House Committee on Ways and Means. Bill Text To amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes. 11/13/2007--Introduced. Simplified USA Tax Act of 2007 - Repeals, after 2006, income tax and estate and gift tax provisions of the Internal Revenue Code of 1986. Replaces such Code with a new tax system, to be known as the Simplified USA Tax. Establishes three income tax brackets at 15, 25, and 30% for individual taxpayers. Redefines "gross income" and allows certain exclusions from gross income, including previously-taxed benefits, tax-exempt bond interest, compensation for injuries and sickness, and gain from the sale of a principal residence. Allows tax deductions for alimony and child support, home mortgage interest, certain higher education expenses, and charitable contributions. Allows a tax credit for employee social security payroll taxes.Revises rules for Roth individual retirement [...] show full description S.2310 - A bill to establish a National Catastrophic Risks Consortium and a National Homeowners' Insurance Stabilization Program, and for other purposes.
Latest Action: 11/06/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text A bill to establish a National Catastrophic Risks Consortium and a National Homeowners' Insurance Stabilization Program, and for other purposes. 11/6/2007--Introduced. Homeowners' Defense Act of 2007 - Establishes the National Catastrophe Risk Consortium as a nonprofit, nonfederal entity to: (1) maintain an inventory of catastrophe risk obligations held by state reinsurance funds, and state residual insurance market entities; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; and (3) act as a centralized repository of state risk information accessible by certain private-market participants. Instructs the Secretary of the Treasury to implement a national homeowners' insurance stabilization program to make liquidity loans and catastrophic loans to qualified reinsurance programs to: (1) ensure their solvency; (2) improve the availability and affordability of homeowners' [...] show full description S.2284 - An original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes.
Latest Action: 05/13/2008 - Considered by Senate. (consideration: CR S4048-4050, S4051-4061) Bill Text An original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Flood Insurance Reform and Modernization Act of 2007 - (Sec. 4) Amends the National Flood Insurance Act of 1968 (Act) to extend the national flood insurance program (Program) though FY2013. (Sec. 5) Requires the Director of the Federal Emergency Management Agency (FEMA) to make national flood insurance available for multifamily properties of more than four units. (Sec. 6) Requires the FEMA Director to estimate the exclusion of certain prospective insureds from purchasing flood insurance at risk premium rates less than those estimated for specified properties (including [...] show full description S.2285 - An original bill to reauthorize the Federal terrorism risk insurance program, and for other purposes.
Latest Action: 11/01/2007 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. With written report No. 110-215. Bill Text An original bill to reauthorize the Federal terrorism risk insurance program, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Terrorism Risk Insurance Program Reauthorization Act of 2007 - (Sec. 2) Amends the Terrorism Risk Insurance Act to revise the definition of an act of terrorism for terrorism risk insurance purposes to eliminate the requirement that the individual or individuals committing a terrorist act be acting on behalf of any foreign person or foreign interest.Extends the Terrorism Risk Insurance Program through calendar 2014.(Sec. 4) States that no insurer may be required to make payment for insured losses in excess of its statutory deductible, combined with its statutory share of insured losses.Requires the Secretary of the [...] show full description S.2286 - An original bill to establish a nonpartisan commission on natural catastrophe risk management and insurance, and for other purposes.
Latest Action: 11/01/2007 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. Without written report. Bill Text An original bill to establish a nonpartisan commission on natural catastrophe risk management and insurance, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on its findings and assessments regarding the risks posed to the United States by natural catastrophes, and means for mitigating those risks and paying for losses caused by such catastrophes. Requires the Commission to assess: (1) the condition of the property and casualty insurance and reinsurance markets prior to and in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the four major hurricanes that struck [...] show full description H.R.4014 - To prohibit discrimination in insurance coverage to victims of domestic violence, dating violence, sexual assault, or stalking.
Latest Action: 03/25/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill Text To prohibit discrimination in insurance coverage to victims of domestic violence, dating violence, sexual assault, or stalking. 10/31/2007--Introduced. Insurance Non-Discrimination for Survivors Act - Prohibits an insurer from denying or terminating an insurance policy or health benefit plan, restricting or excluding coverage for losses or denying a claim, or adding a premium differential to any policy or health benefit plan on the basis that the insured (or any employee or any person with whom the insured is known to have a relationship or association) is the subject of, or incurs a claim related to, domestic abuse. Prohibits: (1) an insurer from denying or limiting payment to an insured who is the subject of abuse if the claim for payment is a result of the abuse; (2) an insurer or health carrier from terminating health coverage for a subject of abuse because coverage was originally issued in the name of the abuser and the abuser has divorced, separated from, or lost [...] show full description S.2121 - A bill to provide funding and incentives for caregiver support and long-term care assistance.
Latest Action: 10/01/2007 - Read twice and referred to the Committee on Finance. Bill Text A bill to provide funding and incentives for caregiver support and long-term care assistance. 10/1/2007--Introduced.
Caregiver Assistance and Relief Effort Act of 2007 or the CARE Act of 2007 - Amends the Older Americans Act of 1965 to increase and extend, through FY2011, the authorization of appropriations for the national family caregiver support program, including caregiver support programs for Native Americans. Amends the Internal Revenue Code to: (1) allow caregivers a tax credit for family members with long-term care needs; (2) allow a tax deduction for long-term care insurance premiums; and (3) apply certain consumer protection provisions to long-term care insurance contracts. H.R.3644 - To establish a nonpartisan Commission on Natural Catastrophe Risk Management and Insurance, and for other purposes.
Latest Action: 09/24/2007 - Referred to the House Committee on Financial Services. Bill Text To establish a nonpartisan Commission on Natural Catastrophe Risk Management and Insurance, and for other purposes. 9/24/2007--Introduced.
Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on the natural catastrophe insurance marketplace, including: (1) the extent to which insurance costs and availability are affected by specified factors; (2) which factors the federal government should address to increase catastrophe insurance availability and competitiveness; and (3) actions the federal government can undertake to achieve this goal without requiring a long-term cross-subsidy from taxpayers. Requires the Commission to report to certain congressional committees before the beginning of the 2008 hurricane season. S.2040 - A bill to amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.
Latest Action: 09/12/2007 - Read twice and referred to the Committee on Finance. Bill Text A bill to amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies. 9/12/2007--Introduced.
Amends the Internal Revenue Code to expand the eligibility of certain small insurance companies (other than life insurance companies) for the alternative corporate income tax by increasing the premium limitation used to determine such eligibility to $1.971 million (from $1.2 million), with an annual inflation adjustment to that increased amount after 2007. S.2047 - A bill to require enhanced disclosures to consumers purchasing flood insurance and for other purposes.
Latest Action: 09/12/2007 - Sponsor introductory remarks on measure. (CR S11511-11512) Bill Text A bill to require enhanced disclosures to consumers purchasing flood insurance and for other purposes. 9/12/2007--Introduced.
Flood Insurance Disclosure Act of 2007 - Amends the National Flood Insurance Act of 1968 to require insurers to disclose, in writing, to purchasers of a homeowner's or renter's insurance policy: (1) that such policy does not include certain flood insurance coverage; (2) that such person may be eligible to purchase such coverage; and (3) the telephone number and Internet address to contact the National Flood Insurance Program in order to obtain such coverage. H.R.3509 - To provide health care liability reform, and for other purposes.
Latest Action: 10/02/2007 - Sponsor introductory remarks on measure. (CR H11149-11155) Bill Text To provide health care liability reform, and for other purposes. 9/10/2007--Introduced. Medical Justice Act of 2007 - Sets forth provisions regulating civil actions for an injury or death as the result of health care.Limits the non-economic damages that an individual may recover to: (1) $250,000 from health care practitioners; (2) $250,000 from any single health care institution; and (3) $500,000 from the class of liable health care institutions.Limits the total damages, including compensatory damages, that a person may recover from any single liable health care practitioner to $1,400,000. Provides that an insurer of a health care practitioner or health care institution is not liable for damages in excess of the liability of the insured for rejecting a reasonable settlement offer within policy limits.Sets forth requirements for qualified expert reports.Allows periodic or accrual payment for future damages.Prohibits a jury from awarding [...] show full description H.R.3355 - To ensure the availability and affordability of homeowners' insurance coverage for catastrophic events.
Latest Action: 11/13/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill Text To ensure the availability and affordability of homeowners' insurance coverage for catastrophic events. 11/8/2007--Passed House amended. (There are 2 other summaries) Homeowners' Defense Act of 2007 - Declares that the purpose of this Act is to provide federal support for state-sponsored insurance programs to: (1) help homeowners prepare for and recover from damages caused by natural catastrophes; and (2) promote the use of private market capital as a means to insure against such catastrophes.Title I: National Catastrophe Risk Consortium - (Sec. 101) Establishes the National Catastrophe Risk Consortium as a nonprofit, nonfederal entity to: (1) inventory catastrophe risk obligations held by state reinsurance funds, and state residual insurance market entities; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; (3) act as a centralized repository [...] show full description S.1886 - A bill to provide a refundable and advanceable credit for health insurance through the Internal Revenue Code of 1986, to provide for improved private health insurance access and affordability, and for other purposes.
Latest Action: 07/26/2007 - Read twice and referred to the Committee on Finance. Bill Text A bill to provide a refundable and advanceable credit for health insurance through the Internal Revenue Code of 1986, to provide for improved private health insurance access and affordability, and for other purposes. 7/26/2007--Introduced. Every American Insured Health Act - Amends the Internal Revenue Code to: (1) allow uninsured individual taxpayers and their spouses and dependents a refundable tax credit for a limited amount of their health insurance costs; (2) direct the Secretary of the Treasury to establish a program for payment of health insurance costs by advancing health insurance tax credit amounts to insurance providers during the taxable year; and (3) limit the availability of certain tax preferences for individuals eligible for the health insurance tax credit. Amends the Social Security Act to require the Secretary of Health and Human Services (HHS) to deem whether a state has taken efforts to provide its citizens with greater access to affordable private [...] show full description H.R.3200 - 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.
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 Text 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. 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 S.1875 - A bill to amend the Internal Revenue Code of 1986 to provide a refundable and advanceable credit for health insurance, to amend the Social Security Act to provide for improved private health insurance access and affordability, to amend the Internal Revenue Code of 1986 to repeal the alternative minimum tax, and for other purposes.
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