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Progress Reported On Fin'l Services Reform

While battles over health care reform got most of the headlines here this month, Congress tackled a host of other issues of keen interest to property and casualty insurers and producers.

By Arthur D. Postal | Updated on January 03, 2010

Washington

While battles over health care reform got most of the headlines here this month, Congress tackled a host of other issues of keen interest to property-casualty insurers and producers, including financial services regulatory reform, extension of the National Flood Insurance Program, the estate tax and crop insurance.

As Congress left town following its longest session since 1897, Sen. Christopher Dodd, D-Conn., chair of the Senate Banking Committee, and Sen. Richard Shelby, R-Ala., its ranking minority member, said they were making progress on drafting bipartisan financial services reform legislation, and hoped to “resolve the remaining issues before we reconvene in January.”

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