A recent filing by the Federal Reserve Board highlights the battle insurers are waging to preserve state regulation and limit federal intrusion on their activities.
Michael McRaith, director of the Federal Insurance Office, is moving aggressively to reduce the differences between European and U.S. insurance regulatory and supervisory schemes, and to resolve a dispute holding up the release of the FIO's anticipated report on insurance modernization.
Michael McRaith, director of the Federal Insurance Office, is moving aggressively to reduce the differences between European and U.S. insurance regulatory and supervisory schemes, and to resolve a dispute holding up the release of the FIO's anticipated report on insurance modernization.
The Financial Stability Oversight Councils 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 companys debt, analysts say.
The Financial Stability Oversight Councils 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 companys debt, analysts say.
The Financial Stability Oversight Council today approved the final regulation governing the factors it will use to determine whether an insurer is systemically significant.
