The Senate overwhelmingly passed a seven-year TRIA reauthorization today by a 93-4 vote.

Congress would be required to re-vote several years down the road on whether to sustain enactment of legislation creating a clearinghouse aimed at streamlining agent licensing, according to Senate legislation.

Federal and state efforts to deter cyber threats are being discouraged by large companies because in most cases they will raise compliance costs, according to a top insurance industry official.

Federal and state efforts to deter cyber threats are being discouraged by large companies because in most cases they will raise compliance costs, according to a top insurance industry official.

FATCA takes effect despite a strong lobbying effort by the property and casualty insurance industry earlier this year to delay its implementation and reduce its impact through clarifications of the rule implementing it.

FATCA takes effect despite a strong lobbying effort by the property and casualty insurance industry earlier this year to delay its implementation and reduce its impact through clarifications of the rule implementing it.

A member of Congress is demanding that the New York Federal Reserve Bank share with him any information provided by the Bank to members of the FSOC regarding the process of designating non-banks as SIFI.

A member of Congress is demanding that the New York Federal Reserve Bank share with him any information provided by the Bank to members of the FSOC regarding the process of designating non-banks as SIFI.