Insurance

10/17/07: Chairman Dodd Passes Three Major Bills Out of Committee

October 17, 2007

Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing and Urban Affairs, today oversaw the passage of three major bills out of the Committee.  The Terrorism Risk Insurance Program Reauthorization Act of 2007, the Sudan Accountability and Divestment Act of 2007, and the Flood Insurance Reform and Modernization Act of 2007 all passed with bi-partisan support.

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( published in: Banking | Business | Economic Security for Individuals and Working Families | Foreign Affairs & Human Rights | Human Rights & Rule of Law | Insurance | Media Center | National Security | Press Releases and Statements | Sudan | Terrorism )

9/19/07: Statement of Senator Dodd on House Passage of the Terrorism Risk Insurance Revision and Extension Act

September 19, 2007

“I commend Chairman Frank and the House for their efforts.   This is a tremendously important issue, and one that should – and must – be a top priority. We must ensure that our nation is financially prepared and protected from the threat of a future terrorist attack.  A key element of that preparation needs to be protecting American jobs, workers, and businesses to ensure that our economy continues to function.   Our nation’s security and prosperity depend upon it.  I intend to continue to work as Chairman of the Senate Banking Committee to ensure that TRIA’s proven protections are extended.”

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( published in: Banking | Business | Insurance | Media Center | National Security | Press Releases and Statements | Terrorism )

8/22/07: Dodd Announces Proposal to Expand State Children’s Health Insurance Program

Sends Letter Urging Conferees to Overturn Unreasonable New Requirements Imposed by Bush Proposal

August 22, 2007

Washington, D.C. – In response to the Bush Administration’s recent announcement of new policies that will make it harder for states to insure children, Senator Chris Dodd (D-CT) today announced that he intends to introduce legislation to strengthen and expand the State Children’s Health Insurance Program (SCHIP) after Congress reconvenes in the fall.  Dodd’s proposal would allow states to provide health insurance to a greater number of children from poor and working families without waiting for federal government approval.  It would also allow states to expand SCHIP benefits to children between the ages of 19 and 21 and would provide incentive payments to states for successfully enrolling children in SCHIP who fall in the lowest state income brackets.

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( published in: Child Care | Children & Families | Children's Health | Healthcare | Insurance | Media Center | Press Releases and Statements )

6/28/07: Dodd, Shays Work to Ensure Coverage for Individuals with Terminal Illnesses

Bill named in honor of Connecticut mother who suffers from Lou Gehrig's disease

June 28, 2007

Senator Chris Dodd (D-CT) and Representative Christopher Shays (R-CT) today introduced legislation in the Senate and House respectively that would amend the Social Security Act (SSA) to ensure that all individuals suffering from certain terminal diseases are entitled to receive social security disability benefits. Under current law, individuals who contract a covered terminal illness, but have not been part of the workforce for a period of time, do not qualify for social security disability benefits they would otherwise be entitled to. 

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( published in: Children & Families | Healthcare | Insurance | Media Center | Press Releases and Statements | Women's Health )

6/20/07: Banking Chairman Dodd and Senator Landrieu Introduce Comprehensive Legislation to Help Gulf Coast Communities...

...and Families Recover from Hurricane Katrina

June 20, 2007

Senator Chris Dodd, D-Conn., Chairman of the Senate Banking, Housing and Urban Affairs Committee, and Senator Mary Landrieu, D-La., today introduced a comprehensive bill to help people and families hard-hit by Hurricanes Katrina and Rita rebuild, strengthen and preserve their communities, homes, and lives.  

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( published in: Banking | Children & Families | Economic Security for Individuals and Working Families | Housing | Insurance | Media Center | Press Releases and Statements )

6/15/07: Banking Chairman Dodd and Senator Landrieu Announce Comprehensive Legislation to Help Gulf Coast Communities...

...and Families Recover from Hurricane Katrina

June 15, 2007

Senator Chris Dodd, D-Conn., Chairman of the Senate Banking, Housing and Urban Affairs Committee, and Senator Mary Landrieu, D-La., today announced that they will introduce a comprehensive bill to help people and families hard-hit by Hurricanes Katrina and Rita rebuild, strengthen and preserve their communities, homes, and lives.  

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( published in: Banking | Children & Families | Economic Security for Individuals and Working Families | Housing | Insurance | Media Center | Press Releases and Statements )

5/09/07: Senator Dodd: Four Steps to Fix Insurance Crisis

May 9, 2007

Today, the St. Petersburg Times published the following op-ed by Senator Dodd on the costal insurance crisis. Senator Dodd is the Chairman of the Senate Banking, Housing, and Urban Affairs Committee.


In the last few years, home and business owners on America's coasts weathered the worst that nature can offer. And now, many of those who endured are being driven away - not by wind and rain, but by the unbearable cost of insurance.

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( published in: Economic Security for Individuals and Working Families | Editorials & Op-eds | Insurance | Media Center )

4/11/07: Senator Dodd: “We must protect Americans from natural disasters...

...and assure them that when disaster strikes, they will be able to rebuild their homes, their businesses and their lives.”

April 11, 2007

In light of the hardships facing homeowners and businesses in coastal regions to insure themselves against hurricanes and other natural disasters, Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today convened a hearing entitled “An Examination of the Availability and Affordability of Property and Casualty Insurance in the Gulf Coast and Other Coastal Regions.” 

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( published in: Business | Housing | Insurance | Media Center | Press Releases and Statements )

3/09/07: Senator Dodd Announces Hearing on Availability and Affordability of Insurance in the Gulf and Other Coastal States

March 9, 2007

Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, announced today in New Orleans that he will hold a hearing on the impact that Katrina and other natural catastrophes have had on the availability and affordability of insurance for families and businesses in the Gulf Coast and other coastal regions across the country.  Chairman Dodd will examine the current practices of the insurance industry, specifically the claims processed post-Katrina and the industry’s ability to insure customers from future natural disasters.

 

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( published in: Banking | Business | Insurance | Media Center | Press Releases and Statements )

2/28/07: Senator Dodd Examines Terrorism Risk Insurance Act

Encourages a More Permanent Law to Protect Americans and U.S. Economy from Acts of Terrorism

February 28, 2007

As part of his overarching goal to improve the nation’s security and prosperity, Chairman Chris Dodd (D-CT) today convened a hearing on the Terrorism Risk Insurance Act (TRIA).  Chairman Dodd highlighted the effectiveness of the law and urged his colleagues to adopt a more permanent program to provide a federal backstop against catastrophic losses in the property and casualty insurance marketplace associated with massive terrorism damages.  TRIA was originally passed by Congress and signed into law after 9/11, and is scheduled to expire on December 31, 2007. 

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( published in: Business | Insurance | Media Center | Press Releases and Statements | Speeches and Floor Statements | Statements )

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