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By Elizabeth Festa, PropertyCasualty360.com |
May 18, 2012
Lawmakers and industry and government officials pushed for supervisory harmony and a robust role abroad by the U.S. Federal Insurance Office to increase international competitiveness for the U.S. insurance industry.
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By Elizabeth Festa, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
April 10, 2012
A House panel plans to act soon on legislation that would exempt agent commissions from the Medical Loss Ratio provision of the healthcare reform law.
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By Arthur D. Postal, PropertyCasualty360.com, Elizabeth Festa, PropertyCasualty360.com |
April 4, 2012
The Financial Stability Oversight Council’s final rule determining whether an insurer is “systemically significant” casts a wider net than expected regarding who will get a closer look, and takes an “expansive view” of defining a company’s debt, analysts say.
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By Arthur D. Postal, PropertyCasualty360.com, Elizabeth Festa, PropertyCasualty360.com |
April 3, 2012
The Financial Stability Oversight Council today approved the final regulation governing the factors it will use to determine whether an insurer is “systemically significant.”
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By Elizabeth Festa, PropertyCasualty360.com |
April 2, 2012
With the inaugural meeting of the Federal Advisory Committee on Insurance now in the record books, it is clear that at least initially, the group's focus will reflect FIO Director Michael McRaith’s perspective on broad, global themes.
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By Elizabeth Festa, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
March 21, 2012
The National Association of Insurance Commissioners acknowledges in a letter to a member of Congress that it is not a “regulatory body,” but acts to provide a “forum and vehicle” for its members who are standard-setters.
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By Elizabeth Festa, PropertyCasualty360.com |
January 6, 2012
The state of Florida continues to carry the banner of agents on the medical-loss ratio issue and has petitioned federal health regulators to review the decision not to exempt Florida from the rule.
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By Elizabeth Festa, PropertyCasualty360.com |
January 3, 2012
The state of Florida continues to carry the banner of agents on the medical loss ratio issue, asking federal health regulators to review its decision not to exempt Florida from the rule.
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By Elizabeth Festa, PropertyCasualty360.com |
October 21, 2011
The current system of state-insurance regulation stifles product innovation, limits customer choices, increases costs and inhibits the proper functioning of fully competitive markets, according to a report done for the Financial Services Roundtable’s Cluff Research Fund.