Welcome to the online home of the Optional Federal Charter Coalition
Competition in today’s 21st century global financial marketplace knows no boundaries. Yet America’s 150-year old state-by-state system of insurance regulation hasn’t kept pace. It has created a maze of inconsistent laws that limits consumer access to new and improved products, increases costs and hinders national and international businesses.
Congress can solve this problem by establishing a strong national regulatory structure to provide insurers with the option of a federal charter — bringing innovation, greater choice and uniform consumer protections to insurance markets across the country.