Financial Services Reform Webinar Series:
A Closer Look at the Dodd-Frank Act
On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, the most sweeping overhaul of federal regulation of the financial services industry since the Great Depression. Weighing in at more than 2,400 pages, the Dodd-Frank Act will affect a broad spectrum of financial services activities, institutions and professionals. Additional changes are sure to come through legislative corrections, rulemaking and other regulatory action.
To help companies keep pace with the legislative and regulatory changes, Pepper Hamilton has prepared a series of webinars examining the Dodd-Frank Act's changes, and what they mean for financial services businesses and their customers.
Webinar Five - The Dodd-Frank Act and the Insurance Industry
Tuesday, January 25, 2011
The Dodd-Frank Act has significant implications for the insurance industry. The Act creates a new Federal Insurance Office, which is authorized to monitor all lines of insurance (except health insurance, long-term care insurance and crop insurance), designate which insurance companies should be supervised by the Federal Reserve Board, coordinate federal policy on international insurance matters, recommend changes to the state regulation of insurance companies, and preempt certain state laws. The Dodd-Frank Act also reforms the state regulation of surplus lines insurance and reinsurance. Join our panel to learn what to expect in this new age of federal regulation of the insurance industry.
Post-Event Document (.pdf)