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Insurance Regulation After the Gramm-Leach-Bliley Act (CRS Report for Congress)

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Release Date April 26, 2004
Report Number RS21827
Report Type Report
Authors Carolyn Cobb, Government and Finance Division
Source Agency Congressional Research Service
Summary:

Congress passed the Gramm-Leach-Bliley Act in 1999, anticipating wholesale integration in financial services. Since then, markets have not really integrated, and regulatory silos -- with few exceptions -- remain intact. Congress is now exploring federal standards for some aspects of state regulation of insurance. This report was written under the supervision of Barbara Miles, Government and Finance Division, and will be updated as events warrant.