Search Results: keywords:"insurance companies"

  • H. R. 7537 — To provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes.
    💰
    Status:Introduced in House
    Words:1,059

    The bill H.R. 7537, titled the "Flood History Information Act of 2024," aims to enhance the transparency and sharing of data related to flood insurance policies in the United States. It amends the National Flood Insurance Act of 1968 to establish a data exchange program,...

    Simple Explanation

    The Flood History Information Act of 2024 is a bill that wants to make sharing and knowing about flood insurance easier, so people and companies can see how risky a place is for floods. It also lets a special person in charge ask companies to pay for this info but doesn't explain exactly how much or what the money will be used for.

  • H. R. 5535 — To prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company.
    Status:Reported in House
    Words:1,576

    H. R. 5535, titled the "Insurance Data Protection Act," aims to prevent the Federal Insurance Office and other financial regulators from directly collecting data from insurance companies. Instead, they must first seek available information from other federal or state agencies...

    Simple Explanation

    H. R. 5535 is a proposed law that says government agencies can't get information directly from insurance companies; instead, they have to try to get it from other places first, like other government offices. The bill also makes sure any private information shared stays secret.

  • S. 4740 — To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets.
    Status:Introduced in Senate
    Words:526

    The bill S. 4740, titled the “Secure Family Futures Act of 2024,” proposes changes to the Internal Revenue Code of 1986. It aims to exclude certain debts held by insurance companies from being considered capital assets. This change affects how these companies report financial...

    Simple Explanation

    The Secure Family Futures Act of 2024 is a plan to change how insurance companies count some of the money they owe, so they might pay a different amount in taxes. It decides which insurance companies can use these new rules and when they start.

  • H. R. 10362 — To prohibit pharmacy benefit managers and pharmacies from being under common ownership, and for other purposes.
    Status:Introduced in House
    Words:1,381

    H.R. 10362 is a bill introduced in the U.S. House of Representatives aimed at preventing pharmacy benefit managers (PBMs) and pharmacies from being owned by the same company, which addresses potential anti-competitive practices. It requires any company currently violating...

    Simple Explanation

    H.R. 10362 is a bill that says companies can't own both pharmacies and managers who help people get their medicine, making sure everything stays fair. If they do, they have to change it in three years, and the government can check to make sure they're following the rules.