NAMIC News Releases

Building Code Coalition Applauds Committee Passage of HR 3377

Thu, 05 Nov 2009 00:00:00 GMT

The Building Code Coalition (BCC) today applauded the House Transportation and Infrastructure Committee for unanimously voting to approve HR 3377, the Disaster Response, Recovery, and Mitigation Enhancement Act of 2009.

NAMIC Applauds Measure to Maintain NFIP

Fri, 30 Oct 2009 00:00:00 GMT

NAMIC commends Congress for including an extension of the National Flood Insurance Program in a continuing resolution, keeping the program in place until December 18.

Moore-Paulsen Amendment Provides Clarity to CFPA Legislation

Wed, 21 Oct 2009 00:00:00 GMT

The House Financial Services Committee today adopted an amendment ensuring that all lines of property/casualty insurance would be exempted from the jurisdiction of the Consumer Financial Protection Agency.

Harrington Briefs Capitol Hill on AIG, the Economic Collapse and Regulatory Reform

Tue, 13 Oct 2009 00:00:00 GMT

As proponents of federal insurance regulation continue to invoke the collapse of American International Group (AIG) as evidence of the significant risk posed by insurers to financial system, Scott E. Harrington, a professor at the Wharton School of the University of Pennsylvania offered a contrary perspective to reporters and congressional staffers at a Capitol Hill briefing Tuesday.

Federal Insurance Office Draft a Departure from Original Intent

Tue, 06 Oct 2009 00:00:00 GMT

The National Association of Mutual Insurance Companies (NAMIC) continues to have serious concerns over a draft outlining the creation of a new federal insurance office that was the subject of a House Financial Services Committee hearing Tuesday.