Washington, DC – The District of Columbia Department of Insurance and Securities Regulation (DISR) released its legislative priorities for the 2001-2002 Council session. DISR’s legislative agenda includes measures that will further enhance the department’s efforts to become an international financial services center. 

In 2000 Mayor Anthony Williams introduced 15 insurance and securities measures for consideration before the DC City Council.  Nine of those bills became law at the end of 2000. These included a securities law, a captive insurance company law, a surplus notes law, and a self-certification law, among others. Two other bills passed by the Council last year are awaiting Congressional review.

“Our proposed 2001 legislative agenda will further DISR’s goals to develop conditions conducive to making the District of Columbia the premier gateway for financial services,” said DC Insurance and Securities Commissioner Lawrence H. Mirel.

Summary of proposed legislation can be requested by contacting the Legal Affairs Department at 727-8000.

The DC Department of Insurance and Securities Regulation (DISR) has two missions, (1) to provide fair, efficient and fast regulatory supervision of the insurance and securities businesses for the protection of the people of the District of Columbia, and (2) to create conditions that will retain and attract national and international insurance and other financial businesses to the District.