WASHINGTON, Oct. 2 -- Rep. Denny Heck, D-Wash., has introduced legislation (H.R. 4592) to "preserve the State-based system of insurance regulation and provide greater oversight of and transparency on international insurance standards setting processes." The bill was introduced on Oct. 1 and was co-sponsored by Rep. Ted Budd, R-N.C. It was referred to the House Financial Services Committee. For more information, Rep. Denny Heck, 2452 Rayburn House Office Building, Washington, DC 20515;202/225-9  more

WASHINGTON, Oct. 2 -- Rep. Thomas R. Suozzi, D-N.Y., has introduced legislation (H.R. 4598) to amend the Internal Revenue Code of 1986 "to provide an exemption from FIRPTA for interests held by certain foreign insurance companies." The bill was introduced on Oct. 1 and was co-sponsored by Rep. George Holding, R-N.C. It was referred to the House Ways and Means Committee. For more information, Rep. Thomas R. Suozzi, 214 Cannon House Office Building, Washington, DC 20515; 202/225-3335; or in the   more