329 
‘‘(ii) the rating of a national insurer 
or State insurer that writes an insurance 
policy or enters into a reinsurance con-
tract; 
‘‘(iii) a claim for payment or benefit 
pursuant to an insurance policy or reinsur-
ance contract; 
‘‘(iv) premiums paid on an insurance 
policy or reinsurance contract; 
‘‘(v) payments made in accordance 
with the terms of an insurance policy or 
reinsurance contract; 
‘‘(vi) a document filed with the Com-
missioner; 
‘‘(vii) the financial condition of a na-
tional insurer or State insurer; 
‘‘(viii) 
the 
formation, 
acquisition, 
merger, consolidation, dissolution, or with-
drawal from 1 or more lines of insurance 
or reinsurance by a national insurer; 
‘‘(ix) the issuance of evidence of in-
surance, whether in writing, electronic 
form, or otherwise; or 
‘‘(x) the reinstatement of an insurance 
policy; 
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bajohnson on PROD1PC69 with BILLS
330 
‘‘(B) solicitation or acceptance of new or 
renewal insurance risks on behalf of a national 
insurer, national agency, State insurer, or State 
agency or other persons engaged in the business 
of insurance by a person who knows or should 
know that the national insurer, State insurer or 
other person responsible for the risk is insolvent 
at the time of the transaction; 
‘‘(C) removal, concealment, alteration, or 
destruction of the records of a national insurer, 
national agency, State insurer, or State agency 
or other person engaged in the business of in-
surance; 
‘‘(D) transaction of the business of insur-
ance in violation of laws requiring a license 
therefore under the National Insurance Act of 
2007; or 
‘‘(E) attempting to commit, aiding or abet-
ting in the commission of, or conspiracy to com-
mit the acts or omissions specified in, this para-
graph; and 
‘‘(4) the term ‘insurance person’ means officers, 
directors, agents, or employees of national insurers 
or national agencies, State insurers or State agen-
cies, or other persons authorized to act on behalf of 
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331 
national insurers or national agencies or State insur-
ers or State agencies.’’. 
SEC. 1714. AMENDMENTS TO THE AMERICANS WITH DIS-
ABILITIES ACT OF 1990. 
Section 501(c) of the Americans with Disabilities Act 
of 1990 (42 U.S.C. 12201(c)) is amended— 
(1) in paragraph (1), by inserting ‘‘or Federal’’ 
after ‘‘based on or not inconsistent with State’’; 
(2) in paragraph (2), by inserting ‘‘or Federal’’ 
after ‘‘based on or not inconsistent with State’’; and 
(3) in paragraph (3), by inserting ‘‘or Federal’’ 
after ‘‘subject to State’’. 
SEC. 1715. AMENDMENT TO THE AGE DISCRIMINATION IN 
EMPLOYMENT ACT. 
Section 12(c)(2) of the Age Discrimination in Em-
ployment Act of 1967 (29 U.S.C. 631(c)(2)) is amended 
by inserting ‘‘and the Commissioner of National Insur-
ance’’ after ‘‘after consultation with the Secretary of the 
Treasury’’. 
SEC. 1716. AMENDMENTS TO THE FAIR CREDIT REPORTING 
ACT. 
Section 621 of the Fair Credit Reporting Act (15 
U.S.C. 1681s) is amended— 
(1) in subsection (b)— 
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332 
(A) in paragraph (5), by striking ‘‘and’’ 
after the semicolon; 
(B) in paragraph (6), by striking the pe-
riod at the end and inserting ‘‘; and’’; 
(C) by inserting after paragraph (6) the 
following: 
‘‘(7) subtitle C of title I of the National Insur-
ance Act of 2007, by the Commissioner of National 
Insurance with respect to any national insurer, na-
tional agency, and any federally licensed insurance 
producer.’’; and 
(D) by adding at the end of the undesig-
nated matter at the end the following: ‘‘The 
terms used in paragraph (7) that are not de-
fined in this title shall have the meaning given 
to them in section 3 of the National Insurance 
Act of 2007.’’; and 
(2) in subsection (e), by adding at the end the 
following: 
‘‘(3) The Commissioner of National Insurance 
shall prescribe such regulations as are necessary to 
carry out the purpose of this title with respect to 
any persons identified in subsection (b)(7).’’. 
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333 
SEC. 1717. GAO STUDY OF INSURANCE SECTOR COMPETI-
TIVENESS. 
The Comptroller General of the United States shall 
conduct a study to analyze the overall competitiveness of 
the insurance sector in the United States, which shall in-
clude— 
(1) an evaluation of the efficiency of the dual 
charter system for insurers established by this Act; 
and 
(2) an analysis of any efficiencies that may 
have been created for national insurers as a result 
of such system, including specifically any such effi-
ciencies in bringing products to market, licensing 
processes, and the ability to compete more effectively 
on a global basis. 
The Comptroller General shall submit a report regarding 
the study under this section to the Committee on Finan-
cial Services of the House of Representatives and the 
Committee on Banking, Housing, and Urban Affairs of 
the Senate not later than three years after the date of 
the enactment of this Act. Such report shall contain rec-
ommendations to improve the regulatory efficiencies for 
national insurers and to enhance competitiveness among 
the insurance sector. 
Æ 
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