WASHINGTON (AP) — The American Insurance Association trade group spent $230,000 in the first quarter to lobby the federal government on financial regulatory reform, a bankruptcy option for states, disaster preparedness and other issues.

The lobbying sum for January-March was down from the $320,000 that the organization spent in the same quarter a year ago, and the $310,000 that it spent in last year's fourth quarter.

The organization said in an April 20 filing with the House clerk's office that it lobbied on implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which tightened restrictions on banks and Wall Street. The law also created the Consumer Financial Protection Bureau.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.