Insurance weighs heavily on agenda of House Financial Services panel. (Congress).

National Underwriter Life & Health-Financial Services Edition, February, 2003 by Brostoff, Steven

The House Financial Services Committee plans an aggressive insurance-related agenda during the 108th Congress, including examination of state regulation, product approval and consumer protection.

In an oversight plan published last week, Committee Chairman Mike Oxley, R-Ohio, said the plan reflects areas where the committee and its subcommittees expect to conduct oversight over the next two years.

The insurance industry takes up a significant part of the plan, starting with insurance solvency.

The committee says it will continue its examination of the solvency accreditation program of the National Association of Insurance Commissioners, Kansas City, Mo., focusing on the steps taken by the NAIC to update the program since its inception in the...

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