The independent overseer of the Troubled Asset Relief Program says in a new report today that it is essential going forward that American International Group have a federal consolidated regulator.
The National Association of Insurance Commissioners takes a subdued, fact-based approach in its comments on how federal agencies should provide consolidated regulation of insurance companies which operate savings and loans.
The National Association of Insurance Commissioners takes a subdued, fact-based approach in its comments on how federal agencies should provide consolidated regulation of insurance companies which operate savings and loans.
California has imposed a higher-than-expected rate cut on Assurants force-placed line of insurance business in the state, creating concern by an analyst that other states might follow suit and the profitability of the line nationwide may be substantially reduced.
California has imposed a higher-than-expected rate cut on Assurants force-placed line of insurance business in the state, creating concern by an analyst that other states might follow suit and the profitability of the line nationwide may be substantially reduced.
Insurance industry officials fear Armageddon will be the result of a proposal by the Federal Reserve Board to use bank-centric standards in regulating insurance companies that operate thrifts.
Insurance industry officials fear Armageddon will be the result of a proposal by the Federal Reserve Board to use bank-centric standards in regulating insurance companies that operate thrifts.
Prudential Financial on Thursday advanced to the final stage of the governments process for designation as a non-bank systemically important institution, according to several sources.
Prudential Financial on Thursday advanced to the final stage of the governments process for designation as a non-bank systemically important institution, according to several sources.
The Nonadmitted Insurance Multistate Agreement (NIMA), the surplus-lines revenue-sharing agreement supported by five states and Puerto Rico, began Phase 2 of its implementation schedule on Oct. 1.