Search Results for keywords:"insurance regulation"

Search Results: keywords:"insurance regulation"

H. R. 7000 — To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes.
January 16, 2024
Status:Introduced in House
Congress:118
Words:453
H.R. 7000, titled the "Business of Insurance Regulatory Reform Act of 2024," seeks to amend the Consumer Financial Protection Act of 2010. The bill aims to clarify the limits of the Bureau of Consumer Financial Protection's authority over individuals regulated by state...
Simple Explanation
The Business of Insurance Regulatory Reform Act of 2024 is a rule that says when it comes to money laws, the people who watch over insurance in each state are more in charge than the big boss in Washington, D.C., that usually keeps an eye on money matters.
S. 3592 — To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes.
January 16, 2024
Status:Introduced in Senate
Congress:118
Words:484
The bill, S. 3592, aims to amend the Consumer Financial Protection Act of 2010 to clarify the role and authority of the Bureau of Consumer Financial Protection. Specifically, it outlines limitations on the Bureau's authority when dealing with individuals regulated by State...
Simple Explanation
The bill is about making sure the people who check on insurance companies in each state are the ones really in charge, not a big office in the government, especially when it comes to rules that protect people buying insurance. This means the state's rules are more important in these cases.

Showing 1 to 2 of 2 results