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FEDERALhearing transcript

Congressional Hearing on Insurance for Nonprofit Organizations

Original title: EXAMINING INSURANCE FOR NONPROFIT ORGANIZATIONS

January 1, 2018

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The Frame

What this does

This hearing serves as a formal record of expert testimony regarding the availability and challenges of insurance coverage for nonprofit entities, which informs potential future federal policy or regulatory oversight.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Nonprofit organizations

The hearing focused on the availability and structure of insurance products specifically designed for these entities.

Insurance providers

Industry representatives provided testimony regarding the regulatory and economic environment for offering insurance to nonprofits.

What changed

Last recorded activity January 1, 2018.

What's next

Next step not available in the current record.

Summary

The House on Housing and Insurance held a hearing on September 28, 2017, to examine the insurance landscape for nonprofit organizations. The session included testimony from industry experts, insurance association representatives, and the .

Key Facts

  • The hearing took place on September 28, 2017, in the Rayburn House Office Building.
  • The hearing was conducted by the Subcommittee on Housing and Insurance of the U.S. House Committee on Financial Services.
  • Witnesses included representatives from the Congressional Research Service, the American Insurance Association, and nonprofit insurance programs.
  • The hearing record includes prepared statements from four primary witnesses.
  • Additional materials submitted for the record include letters and statements from the Council of Insurance Agents & Brokers, Cincinnati Insurance Companies, Independent Insurance Agents and Brokers of America, and the National Association of Insurance Commissioners.

Frequently Asked Questions

What was the purpose of this hearing?
The hearing was held to examine the specific insurance needs and challenges faced by nonprofit organizations.
Who testified at the hearing?
Testimony was provided by Baird Webel (), Pamela E. Davis (Alliance of Nonprofits for Insurance), Tom Santos (American Insurance Association), and M. Kevin Cothron (Southeast Nonprofit Insurance Programs).

Why It Matters

This hearing serves as a formal record of expert testimony regarding the availability and challenges of insurance coverage for nonprofit entities, which informs potential future federal policy or regulatory oversight.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

cross reference90% confidence

Extensive Industry Input

The hearing record includes significant input from private insurance associations and the National Association of Insurance Commissioners, indicating a broad industry interest in the topic.

Connected Entities

personSean P. DuffyChairman of the Subcommittee on Housing and InsuranceMap →
personTom SantosVice President, Federal Affairs, American Insurance AssociationMap →
personBaird WebelSpecialist in Financial Economics, Congressional Research ServiceMap →
personPamela E. DavisFounder, President, and CEO, Alliance of Nonprofits for InsuranceMap →
organizationSubcommittee on Housing and InsuranceCongressional body conducting the hearingMap →
personM. Kevin CothronPresident and CEO, Southeast Nonprofit Insurance ProgramsMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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