About: National Association of Registered Agents and Brokers Reform Act of 2013     Goto   Sponge   NotDistinct   Permalink

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The National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155) is a bill that was introduced into the United States House of Representatives during the 113th United States Congress. The bill ultimately failed to be enacted. In 2015, a similar law was enacted as part of Terrorism Risk Insurance Program Reauthorization Act of 2015.

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  • National Association of Registered Agents and Brokers Reform Act of 2013 (en)
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  • The National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155) is a bill that was introduced into the United States House of Representatives during the 113th United States Congress. The bill ultimately failed to be enacted. In 2015, a similar law was enacted as part of Terrorism Risk Insurance Program Reauthorization Act of 2015. (en)
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  • National Association of Registered Agents and Brokers Reform Act of 2013 (en)
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  • House (en)
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  • To reform the National Association of Registered Agents and Brokers, and for other purposes. (en)
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  • The National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155) is a bill that was introduced into the United States House of Representatives during the 113th United States Congress. The bill ultimately failed to be enacted. The bill is meant to reduce the regulatory costs of complying with multiple states' requirements for insurance companies, making it easier for the same company to operate in multiple states. The bill would transform the National Association of Registered Agents and Brokers (NARAB) into a clearing house that set up its own standards that insurance companies would be required to meet in order to do business in other states. In this new system, however, the insurance company would only have to meet the requirements of their home state and the NARAB (only two entities), not their home state and every other state they wished to operate in (multiple entities). Proponents of the bill argued that it would help lower costs for insurance companies and make insurance cheaper for people to buy. In 2015, a similar law was enacted as part of Terrorism Risk Insurance Program Reauthorization Act of 2015. (en)
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  • et seq., 18 U.S.C. (en)
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