East Dallas Agent discusses how Congress Faces Full Plate of Financial Issues

 East Dallas Insurance Agent continues to discuss how Congress Faces Full Plate of Financial Issues. Congress has a full plate.  Among the issues that need to be decided is whether to add reunification and portability as part of any permanent estate tax reform.  Industry officials believe regulation of derivatives and the proposed Consumer Financial Protection Agency, are the two most likely issues to see committee action.  Other issues that will be debated as part of reform include creation of a Treasury agency to provide advice o insurance issues.  Issues include recommending whether an insurer should be subject to federal oversight.  There are two bills in the House dealing with these issues.  One of them would create an Office of Insurance Information within the Treasury Department.  Another bill would create and Office of National Insurance.  This would have a stronger pre-emptive power and subpoena authority. 

East Dallas Insurance Agent Sam Morris has been providing long term care insurance, along with residential property coverage, auto insurance coverage, disability income coverage, and general liability coverage to clients in Garland and East Dallas since 2000. Sam is a veteran of the armed services and makes it his personal mission to make sure that you have the right coverage… not too much nor too little. Please call 972-240-8075 today for a personal consultation with Sam.