Date: February 24, 2016
Issue: Insurance
To: Representative Blaine Luetkemeyer, Chairman and Representative Emmanuel Cleaver, Ranking Member, Subcommittee on Housing and Insurance, Committee on Financial Services
Filing Type: Hill
Description: In advance of a hearing, The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers: Part II, the Chamber supports the Committee’s efforts and its continued oversight of international insurance regulatory standards. The draft legislation being considered at the hearing provides appropriate opportunities for notice and comment on important international standards which, when combined with a principles-based approach to insurance supervision, provide meaningful opportunities for continued oversight by Congress and the public.