State Analysis
2009
Attorneys General and Governors Oppose Optional Federal Charter
On February 20, 2009, the National Association of Governors
joined the National Association of Attorneys General in opposing
the creation of an optional federal charter for insurance.
In a letter to Senators Christopher Dodd and Richard Shelby and
Representatives Barney Frank and Spencer Bachus, Governors Ed
Rendell and James Douglas said, “States often lead the way with
regard to reform and innovation and this is true of insurance
regulation. Unlike banking and securities, insurance is a
fundamentally different financial product because it involves
unique consumer protection issues linked to local conditions."
Read
Attorneys General Letter
Read Governors Letter
State Resolutions in Opposition to
Optional Federal Charter
Alabama Governor Riley's Letter Opposing OFC
June 12, 2009
NICOL
Systemic Risk Letter to To Senate Banking and House Financial
Services Committees
May 10, 2009
Florida Governor Crist's Letter Opposing OFC
May 5, 2009
NCSL, CSG, NCOIL - Letter Re Bean-Royce Bill
April 2, 2009
CSG, NCOIL and NCSL Joint letters to Capital Hill
April 2, 2009
2008
State Resolutions in Opposition to
Optional Federal Charter
CSG Resolution Opposing OFC
December 6, 2009
NCOIL Model State Resolution in Opposition to S40/HR 3200
March 1, 2008
2007
State by State Insurance Department Budget and Funding Data for 2007
2006
State Resolutions in Opposition to
Optional Federal Charter
State by State Insurance Department Budget and Funding Data for 2006
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