A senior member of the House Financial Services Committee today asked the Federal Insurance Office to conduct a comprehensive review of the operations and structure of the National Association of Insurance Commissioners.
Swaps definitions adopted by federal regulators Tuesday exempt the insurance industry from a new regulatory regime for the complex derivatives outlined in the Dodd-Frank financial services reform law.
Swaps definitions adopted by federal regulators Tuesday exempt the insurance industry from a new regulatory regime for the complex derivatives outlined in the Dodd-Frank financial services reform law.
The Federal Reserve Board of New York has asked a federal court in Manhattan to dismiss a lawsuit filed by Maurice Greenberg related to how the government provided financial aid to AIG in 2008.
Signs are emerging that severe temperatures and lack of rain may cause steep losses in the Midwests corn crop, but insurers remain hopeful that beneficial rains will fall and help crops in troubled areas of the country.
Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement, leaving only five states and Puerto Rico as members.
Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement, leaving only five states and Puerto Rico as members.
American International Group will accrue between $3.8 billion and $5.8 billion as a result of the recent successful sale by the Federal Reserve Board of securities held in the Maiden Lane III facility, according to analysts at Sterne Agee in New York.