NAIFA Analysis of Senate’s Financial Services Overhaul Legislation

Last week by a vote of 59-39, the U.S. Senate passed its version of H.R.4173, the Wall Street Reform and Consumer Protection Act. Read more

McCarran-Ferguson Act Protection Remains Intact—For Now

After much fanfare, an amendment sponsored by Sen. Pat Leahy (D VT) to change the McCarran-Ferguson Act antitrust protection granted to the “business of health insurance” failed to make it to the Senate floor during the Senate’s debate of the Wall Street Reform Act. NAIFA opposed the amendment. Read more

GOP Offers Bill to Repeal New Health Law as Implementation Continues

As the Department of Health and Human Services (HHS) struggles with how to categorize expenses in order to offer guidance on the medical loss ratios required by the new health law, House Republicans introduced legislation to repeal and replace the newly-enacted health law. Read more

House Approves Extenders, Pension Funding Relief Legislation

Senate Action Deferred, with Changes Likely

On May 28, the House of Representatives passed a new, smaller version of H.R.4213, the jobs-extenders bill that includes pension funding relief. Read more

NAIFA Opposes Stranger-Originated Annuities in NAIC Testimony

NAIFA testified on May 20, 2010 at a hearing of the NAIC’s Life Insurance and Annuities Committee in Washington, D.C. which addressed the recent emergence of stranger-originated annuity transactions (STATs). Read more

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