close
114th Congress: We're updating with new data as it becomes available.

H.R.2609 - Insurance Information Act of 2009

To establish an Office of Insurance Information in the Department of the Treasury. view all titles (2)

All Bill Titles

  • Short: Insurance Information Act of 2009 as introduced.
  • Official: To establish an Office of Insurance Information in the Department of the Treasury. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 3
  • Past Seven Days: 4
  • All-Time: 5,201
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/21/09
 
 
 
 
 
 
 

Official Summary

Insurance Information Act of 2009 - Includes among the duties of the Secretary of the Treasury serving as principal advisor to the President and Congress on domestic and international policy issues regarding all lines of insurance except health insurance. Establishes within the Department o

Official Summary

Insurance Information Act of 2009 - Includes among the duties of the Secretary of the Treasury serving as principal advisor to the President and Congress on domestic and international policy issues regarding all lines of insurance except health insurance. Establishes within the Department of the Treasury the Office of Insurance Information, headed by a Director appointed by the Secretary. Empowers the Office to:
(1) collect, analyze, and disseminate data and information, and to issue reports, regarding such lines of insurance;
(2) coordinate federal efforts and establish policy on international insurance matters;
(3) determine whether state insurance measures are inconsistent with such policy;
(4) serve as liaison between the federal government and the states regarding insurance matters;
(5) advise the Treasury representative to the Trade Promotion Coordinating Committee regarding the export promotion of insurance products and services; and
(6) advise the Secretary on domestic and international insurance policy issues. Cites conditions that trigger preemption of state insurance measures. Requires the United States or its representative to coordinate with state insurance regulators to identify provisions in any covered international agreement that provide for the recognition of prudential measures concerning the business of insurance. Declares that this Act may not be construed to establish a general supervisory or regulatory authority of the Office or the Department over the business of insurance. Establishes the Advisory Group to the Office of Insurance Information to make recommendations regarding the Office's international insurance policy functions and to consult regarding preemption of state insurance measures.

...Read the Rest




Vote on This Bill

67% Users Support Bill

2 in favor / 1 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC