Skip to main content
HR 605 113th Congress House

Insurance Consumer Protection and Solvency Act of 2013

Official title: To exclude insurance companies from the Federal Depository Insurance Corporation's "orderly liquidation authority".

Introduced: February 8, 2013 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBankruptcyFederal Deposit Insurance Corporation (FDIC)Insurance industry and regulation
Sign in to write a letter Sign in to watch
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2014
Hearings Held by the Subcommittee on Housing and Insurance Prior to Referral.
Feb 8, 2013
Referred to the House Committee on Financial Services.
Feb 8, 2013
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action May 20, 2014

Hearings Held by the Subcommittee on Housing and Insurance Prior to Referral.

 Plain-English summary Congressional Research Service

Insurance Consumer Protection and Solvency Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude an insurance company from the definition of a "financial company" for purposes of such Act (thus removing an insurance company from the purview of the Act).

Removes from the Federal Deposit Insurance Corporation (FDIC) the authority to place insurance companies into orderly liquidation.

Excludes from the definition of "eligible financial company" for purposes of risk-based assessments an insurance company subject to assessment under state law to cover the costs of state insolvency proceeding regarding an insurance company.

 Related & companion bills 1
  • HR 3194 Related bill Bureau of Consumer Financial Protection Judicial Fairness Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Wagner, Ann
Missouri · May 19, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 605: Insurance Consumer Protection and Solvency Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-605/
MLA
"H.R. 605: Insurance Consumer Protection and Solvency Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-605/.
Bluebook (legal)
H.R. 605, 113th Cong. (2026), https://openamerica.io/bill/113-HR-605/.
Markdown link
[H.R. 605: Insurance Consumer Protection and Solvency Act of 2013](https://openamerica.io/bill/113-HR-605/)
Report a problem