Federal Legislative Developments Archives - Page 38 of 38

Topic: Federal Legislative Developments

National Insurance Act/Optional Federal Charter Legislation Reintroduced in Senate

Jun 6, 2007 | Excess and Surplus Lines, Federal Legislative Developments, Insolvency, Restructuring and Run-Off, Regulatory | United States

On May 24, 2007, optional federal charter (OFC) legislation was reintroduced into the Senate as the National Insurance Act of 2007 (S. 40) (NIA), co-sponsored by John Sununu (R-NH) and Tim Johnson (D-SD). A similar bill is expected to be reintroduced into the House by Ed Royce (R-CA) in the coming weeks.

The Proposed Retirement Security for Life Act of 2007

Jun 4, 2007 | Federal Legislative Developments, Life Insurance & Annuities, Regulatory | United States

In an effort to combat the inadequacy of retirement funds for Baby Boomers, Representatives Stephanie Tubbs Jones (Democrat) and Phil English (Republican) reintroduced the Retirement Security for Life Act (H.R. 2205) on May 8, 2007 (originally introduced in 2004).