Follow the links below to locate testimony, legislation, section-by-section comparisons of various OFC bills and the supporting documents ABIA uses to advocate in favor of optional federal regulation of the insurance industry.
Statements, Studies and Other Supporting Documents:
Testimony:
ABIA participates in two forums attended by state legislators, the National Conference of Insurance Legislators (NCOIL) and the National Conference of State Legislatures (NCSL). Below are documents pertaining to their deliberations. Be sure to also check our section on NAIC activities since many of the topical debates - on producer licensing and disclosure, for example - will have multiple stakeholders.
Model Acts and Documents:
Below is a discussion draft of the proposed legislation implementing the Roadmap to Insurance Regulatory Reform authored by House Financial Services Committee Chairman Mike Oxley (R-OH) and Capital Markets Subcommittee Chairman Richard Baker (R-LA). It is in its original form and is expected to change.
ABIA worked closely with the federal banking agencies to secure appropriate regulations implementing the insurance provisions of GLBA. Follow the links below to read all the relevant documents in this process.
GLBA Section 305 Regulations:
Compliance Issues:
Questions? Please contact Renee Galbraith for more information.