With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic …
With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic …
Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …
News Currents The new Congress may be blue on Capitol Hill, but insiders say that’s not necessarily a bad color for the insurance industry. “The more things change, the more they may remain pretty much the same,” said National Association …
The new Congress will alter the insurance agenda on Capitol Hill, but losses for the industry are not a foregone conclusion. That’s the after-the-election take by the National Association of Professional Insurance Agents (PIA). “The more things change, the more …
Federal bank regulators have halted for six months any new approvals of the sort of industrial banks that Wal-Mart, Home Depot and 12 other companies are seeking to own. The Federal Deposit Insurance Corp. imposed the moratorium on approving the …
A Federal Reserve official raised concerns this week about nonfinancial companies such as Wal-Mart and Home Depot establishing banks. Legislation to block such arrangements has been moving forward in the House. The two retailers are among 14 companies awaiting approval …
With Wal-Mart and Home Depot among a record number of companies awaiting federal approval to open banks, legislation to block this special kind of bank is gaining momentum, a senior House lawmaker said. Thirteen companies, a record number, have joined …
Rusbuldt, chief executive officer of the Independent Insurance Agents and Brokers of America, needs no introduction to independent agents, insurance company executives or the power brokers in Washington, D.C., before whom he regularly champions agents’ causes and concerns, from compensation …
The Independent Insurance Agents & Brokers of America (the Big “I”) said it supports Friday’s Senate vote on a bill, S. 2275, which would extend the borrowing authority of the National Flood Insurance Program (NFIP) to $21.2 billion. The Federal …
