H.R.1583 - Insurance Industry Competition Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. DeFazio, Peter A. [D-OR-4] (Introduced 03/18/2009)|
|Committees:||House - Judiciary; Energy and Commerce; Financial Services|
|Latest Action:||04/27/2009 Referred to the Subcommittee on Courts and Competition Policy. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1583 — 111th Congress (2009-2010)All Information (Except Text)
Introduced in House (03/18/2009)
Insurance Industry Competition Act of 2009 - Amends the McCarran-Ferguson Act to make the Federal Trade Commission Act, as it relates to areas other than unfair methods of competition, applicable to the business of insurance to the extent that such business is not regulated by state law.
Authorizes the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to issue joint statements of their antitrust enforcement policies regarding joint activities in the business of insurance.