The U.S. House of Representatives plans to speed up consideration of a measure to reform regulation of surplus lines insurance and reinsurance, industry lobbyists say.
The bill–H.R. 2571–will be taken up under expedited procedures. At the same time, the lobbyists said the pace of enacting regulatory reform legislation is slowing down as Congress deals with other priorities.
The lobbyists who commented made their remarks in briefing members of the Risk and Insurance Management Society attending the group's annual "RIMS on the Hill" legislation seminar.
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