Tuesday, June 02, 2009

NAPSLO invited to attend White House Listening Discussion on Financial Regulation

NAPSLO is among a select group of insurance trade associations invited to attend a Listening Discussion on Thursday with White House officials.

The representatives are scheduled to meet with Diana Farrell, Deputy Director of the National Economic Council and Deputy Assistant to the President, and Michael Barr, Assistant Secretary for Financial Institutions at the Department of Treasury, for a small group discussion on regulatory reform issues. Maria Berthoud of B&D Consulting, NAPSLO's Washington Representative, will represent NAPSLO at the meeting.

The NonAdmitted Reinsurance Reform Act of 2009 (HR 2571) was recently introduced in the House of Representatives and a number of other bills are under consideration. The Obama administration is looking at options to overhaul the regulatory system.

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