101.   In effect, it would restrict the ability of nationally chartered banks to sell insurance in many states.

102.   In November, the OCC set up a new system that will allow banks to apply for new powers, including the right to underwrite and sell insurance.

103.   Independent insurance agents wanted the amendment to ensure that banks follow the same state rules that independent agents do when they sell insurance.

104.   Insurance agents have vigorously opposed the provision, fearing that banks would eventually start selling insurance in their branches and drive the agents out of business.

105.   Insurance companies already sell insurance to fill gaps in Medicare.

106.   Insurers find many ways to not sell insurance.

107.   Insurance agents also want banks that sell insurance to be required to follow the same state insurance regulations that insurance agents must obey.

108.   Insurance agents had objected to mergers of banks and insurance companies, fearing that banks would end up selling insurance in bank lobbies and put them out of work.

109.   Insurance companies in Switzerland and elsewhere in the industrialized world often either refuse to sell insurance or charge very high prices.

110.   Insurers are also concerned that if they refuse to sell earthquake insurance, state regulators may force them to.