A senior Republican member of the House Financial Services Committee plans to introduce legislation next week that would bar federal regulators from designating insurance companies as systemically significant.

A senior Republican member of the House Financial Services Committee plans to introduce legislation next week that would bar federal regulators from designating insurance companies as systemically significant.

Congress must maintain keen oversight to ensure that federal regulators dont use their new, albeit limited, authority over insurers to encroach on the proper role of state regulators, the president of an insurance trade group said at a House hearing yesterday.

Congress must maintain keen oversight to ensure that federal regulators dont use their new, albeit limited, authority over insurers to encroach on the proper role of state regulators, the president of an insurance trade group said at a House hearing yesterday.

The House late Monday rejected a measure that would have permitted North Dakota communities to redevelop flood-prone open spaces that were bought out by the federal government.

The House late Monday rejected a measure that would have permitted North Dakota communities to redevelop flood-prone open spaces that were bought out by the federal government.

Michael McRaith, director of the Federal Insurance Office (FIO), is moving aggressively to reduce the differences between European and U.S. insurance regulatory and supervisory schemes.

Senate Democrats last night signaled that they will hold extension of the current estate-tax provisions hostage to higher taxes on the wealthy.