Advocacy Update: October 29, 2007
House Subcommittee Continues Hearings on Optional Federal Charter
For More Information
Jill Edwards
703-770-8158
Tomorrow the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises (Chairman Paul Kanjorski, D-PA), will hold it’s second in a new series of hearings on insurance regulatory reform. The issue of whether or not the federal government should create on optional federal insurance charter remains at the center of the debate.
The following witnesses are scheduled to testify:
Anti OFC:
- The Honorable Craig Eiland, Texas House of Representatives, testifying on behalf of the National Conference of Insurance Legislators
- Mr. Scott Gilliam, Assistant Vice President & Government Relations Officer, The Cincinnati Insurance Companies
- Mr. J. Robert Hunter, Director of Insurance, Consumer Federation of America
Pro OFC:
- Mr. Alessandro Iuppa, Senior Vice President, Government & Industry Affairs, Zurich, testifying on behalf of the Financial Services Roundtable
- Mr. Frank Nutter, President, Reinsurance Association of America
- Mr. John W. Felton, President, Tennessee Brokerage Agency, testifying on behalf of the National Association of Independent Life Brokerage Agencies