NU Online News Service, Dec.3, 10:00 a.m. EST
California Insurance Commissioner Steve Poizner said an inquiry has revealed state insurers hold $12 billion in indirect Iran-related investments and he will push them to divest, leading another regulator to say Poizner's effort should go national.
"I have consulted with other state insurance commissioners to evaluate the practicality of developing a national initiative similar to the undertaking by the California Department of Insurance," said Florida Insurance Commissioner Kevin McCarty.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
