Chris Dodd News

SENATE TERRORISM BILL INTRODUCED

The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid (D-NV), Paul …

IIABA Applauds Senate’s Approval of Terrorism Ins. Backstop

The Independent Insurance Agents & Brokers of America (IIABA) reacted to the Senate’s recent approval of the terrorism insurance backstop legislation in a statement released June 18. The final vote invoking passage was 84-14. The legislation, S. 2600, was sponsored …

Terrorism Debate Heats Up as Democrats Block Republican Effort

The battle over terrorism insurance heated up one notch June 13 as Senate Democrats blocked a Republican effort to limit lawsuit claims as part of a terrorism-insurance bill, putting forth a battle with the White House and the Republican-controlled House …

Dodd Introduces Terrorism Bill in Senate; AAI Calls for Rapid Senate Action on Issue

The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid (D-NV), Paul …

The Worst

This week’s cover of Insurance Journal tells a gruesome tale, if not an unexpected one: the nation’s property-casualty insurance industry suffered its first-ever net loss for a full year in 2001. There was another “Worst Year Ever” before this one, …

Sen. Dodd Says Terrorism Insurance Should Pass by the End of April

WASHINGTON – Though other Capital insiders are less optimistic, Sen. Christopher Dodd thinks impediments to passage of a government-backed terrorism insurance measure can be negotiated away in a hurry. “I think, I believe we can do this in two weeks,” …

Oxley, Dodd among Speakers at IIAA Conference

House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) and Sen. Christopher J. Dodd (D-Conn.) will address hundreds of small business owners during the Independent Insurance Agents of America’s (IIAA) National Legislative Conference. The 26th Annual IIAA National Legislative Conference …

Record Young Agent Attendance Expected for IIAA National Legislative Conference

A record turnout is expected for young agents attending the 26th Annual Independent Insurance Agents of America’s (IIAA) National Legislative Conference, April 10-12 at The Capital Hilton in downtown Washington, D.C. The 2002 conference marks the seventh annual Young Agents …

Sen. Dodd to Address IIAA National Legislative Conference

Sen. Christopher J. Dodd (D-Conn.), an influential leader on insurance issues in the U.S. Senate, will be a keynote speaker at the 26th Annual Independent Insurance Agents of America (IIAA) National Legislative Conference this spring, speaking to nearly 800 independent …

Industry Pays First $10 Billion of Future Terror Claims in Latest Fed Plan

The Bush administration and Congressional leaders hammered out a new version of a plan to provide reinsurance assistance to the U.S. insurance industry in the wake of the September 11th terrorist attacks, although discussions are ongoing as to what any …