H.R.3200 - National Insurance Act of 2007

To authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. view all titles (2)

All Bill Titles

  • Short: National Insurance Act of 2007 as introduced.
  • Official: To authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. as introduced.

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10/15/08
Kanjorski Calls for Federal Insurance Agency

Assistant Secretary of the Treasury David Nason noted in testimony before the committee that there are currently bills pending in both the House (H.R. 3200) and Senate (S.40) entitled the "National Insurance Act of 2007", ...

09/18/08
National Underwriter Property & Casualty

The bill is the National Insurance Act of 2007, H.R. 3200. The companion bill in the Senate is S. 40. "This unprecedented move by the Fed highlights the dangers of letting a 19th-century system govern a 21st-Century marketplace," said ...

06/23/08
optional federal charter for insurers frequently asked questions ...

the national insurance act (hr 3200 and s. 40) seeks to address this problem by creating a new federal insurance regulator, setting up a system known as an optional federal charter (ofc), which would let insurers choose to organize ...

06/17/08
Optional Federal Charter for Insurers | CEI

The National Insurance Act (H.R. 3200 and S. 40) seeks to address this problem by creating a new federal insurance regulator, setting up a system known as an Optional Federal Charter (OFC), which would let insurers choose to organize ...

Source: CEI -
06/12/08
Treasury Bills

Treasury Bills There currently are pending bills in both the House (HR 3200) and Senate (S. 40) entitled The National Insurance Act of 2007 that would create an OFC and establish a regulator within Treasury. These bills contain many of ...

06/10/08
dep asst sec norton testimony on capital markets, insurance and gses

there currently are pending bills in both the house (hr 3200) and senate (s. 40) entitled "the national insurance act of 2007" that would create an ofc and establish a regulator within treasury. these bills contain many of the core ...

06/01/08
Biofuels and bioproducts (2)

Whitfield’s bill, the Margarine Equity Act, is part of HR 3200, the Food and Drug Administration (FDA) reform package and addresses dated requirements that are not applicable to the marketplace. 1998 125th anniversary of the US patent ...

Source: Plantations
05/01/08
Financial Service Subcommittee Considers Insurance Reform Proposals

Currently, there are two pending bills in Congress, H.R. 3200 and S. 40, titled the “National Insurance Act of 2007.” These bills would create an optional federal charter (OFC) and establish the Office of National Insurance (ONI). ...

04/29/08
NAIC Commends NCSL Support of State Regulation

At their Spring Forum, NCSL members approved adoption of the Resolution in Opposition to S. 40/HR 3200 – the National Insurance Act of 2007. The resolution opposes the National Insurance Act, as well as any other such federal ...

04/28/08
Oath proposal weighting

Bills to establish a “federal pact” are also underway in Congress, HR 3200, the proposal for a National-Versicherungs-law. With many insurance companies operating throughout the country - and perhaps think of new business opportunities ...

04/21/08
“Pick your option” - just say no!

... proposal to allow insurance providers the option of operating under a federal charter or state regulation - a concept embodied in various “pick your option” legislation before Congress such as HR 3200, the National Insurance Act. ...

Source: slabbed
04/20/08
Federal charter proposal weighed - Money - Times-Picayune - NOLA.com

Bills to create an "optional federal charter" are also pending in Congress, such as H.R. 3200, the proposed National Insurance Act. With many insurance companies operating across the entire country -- and possibly thinking of new ...

04/16/08
Nationwide Reiterates Support for Creation of an Optional Federal ...

... Support for Creation of an Optional Federal ... Earthtimes, UK - 4 hours ago ... “Nationwide urges you to support HR 3200 and provide leadership in passing this key piece of legislation for both life and property-casualty insurance. ...

04/16/08
Asst Sec Nason Testimony before House Committee on Financial Services

There are currently pending bills in both the House (HR 3200) and Senate (S. 40) entitled the "National Insurance Act of 2007" that would create an OFC and establish an ONI. These bills contain many of the core concepts surrounding the ...

03/20/08
narab new battleground for agents

“a better, and more complete approach to reforming insurance regulation would be to adopt the ‘national insurance act,’ legislation—s. 40 and hr 3200—already pending in congress,” says marc racicot, president of the american i

03/12/08
Letter to Congress in Support of Optional Federal Chartering | CEI

I’m writing to you in response to a letter that the Independent Insurance Agents and Brokers of America (the Big “I”) recently sent to members of Congress voicing its “strong opposition” to The National Insurance Act (H.R. 3200. ..

Source: CEI -
03/06/08
[Newscast] INSURANCE NEWSCAST for Friday, 03/07/08 from www ...

Resolution in Opposition to S. 40/HR 3200, the National Insurance Act of 2007 during its Spring Meeting here on Saturday, March 1. NCOIL legislators also met with key Congressional leaders to describe various modernization efforts ...

03/06/08
[Headlines] INSURANCE NEWSCAST "Headlines Only Edition" for ...

Resolution in Opposition to S. 40/HR 3200, the National Insurance Act of 2007 during its Spring Meeting here on Saturday, March 1. NCOIL legislators also met with key Congressional leaders to describe various modernization efforts ...

02/15/08
Bond Insurers: Issues for the 110th Congress

While the federal government does not currently oversee any insurers, various proposals for broad federal oversight have been introduced, including S. 40/HR 3200 in the 110th Congress. The House Financial Services Subcommittee on ...

12/07/07
Daily Insurance News Wires- 12/07/2007

40, HR 3200)... Financial Advisors to Embrace More Sophisticated Investment Products Over the Next Two Years, According to New Data The open-end mutual fund, long the dominant investment product of choice by financial advisors, ...

11/03/07
OpenCongress - U.S. Congress - H.R.1065 Nonadmitted and ...

S.1299 Borrower's Protection Act of 2007 [1]; H.R.3121 Commission on Natural Catastrophe Risk Ma... [1]; H.R.3915 Expand and Preserve Home Ownership Throug... [1]; H.R.3200 National Insurance Act of 2007 [1]; H.R.5840 Insurance ...

11/02/07
OpenCongress - U.S. Congress - S.2284 Flood Insurance Reform and ...

[1]; H.R.3915 Expand and Preserve Home Ownership Throug... [1]; H.R.3200 National Insurance Act of 2007 [1]; H.R.1065 Nonadmitted and Reinsurance Reform Act of... [1]; H.R.2419 Small Business Disaster Response and Loan... [1] ...

10/30/07
Optional Federal Charter: FAQ

Two very similar National Insurance Act bills now before the House (HR 3200) and Senate (S. 40) would create a new national insurance regulator, setting up a system known as an Optional Federal Charter (OFC). ...

10/28/07
ING Americas Names Carlos Muriel Chairman and CEO of Latin America …

My friends also told me that the Principal Financial Group Applauds Bipartisan House Proposal of MSN MoneyCentral - The Principal Financial Group(R) strongly endorses the recently introduced bipartisan House version (HR 3200) of the ...

09/21/07
The Commodization of Medicine

Melissa Bean (D-IL) introduced HR 3200: To authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, ...

08/28/07
Two former governors tout insurance legislation

40 in the Senate and HR 3200 in the House — is supported by a wide range of organizations, including groups representing life insurers, property-casualty insurers, life insurance agents, property-casualty agents, reinsurers and ...

08/28/07
Two former governors tout insurance legislation

40 in the Senate and HR 3200 in the House — is supported by a wide range of organizations, including groups representing life insurers, property-casualty insurers, life insurance agents, property-casualty agents, reinsurers and ...

08/12/07
The Principal Financial Group Applauds Bipartisan House Proposal ...

Des Moines - DES MOINES -- The Principal Financial Group® strongly endorses the recently introduced bipartisan House version (HR 3200) of the 2007 National Insurance Act, and commends United States Representatives Melissa Bean (D-IL) ...

08/07/07
Insurers want to slash contributions to (Personal health care ...

comThe Principal Financial Group Applauds Bipartisan House Proposal of Forbes - The Principal Financial Group(R) strongly endorses the recently introduced bipartisan House version (HR 3200) of the 2007 National Insurance Act, ...

08/05/07
Globe life insurance - Fidelity National Financial Appoints Andrea ...

... Principal Financial Group Applauds Bipartisan House Proposal of MSN MoneyCentral - The Principal Financial Group(R) strongly endorses the recently introduced bipartisan House version (HR 3200) of the 2007 National Insurance Act, ...

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