The head of the Federal Insurance Office rejects industry and congressional allegations it is somehow conspiring with foreign regulators to establish capital standards that will undermine the competitiveness of U.S. insurers.
The head of the Federal Insurance Office rejects industry and congressional allegations it is somehow conspiring with foreign regulators to establish capital standards that will undermine the competitiveness of U.S. insurers.
The insurance industry is helping birth new legislation that would address one of the most vexing issues for insurers in the Federal Reserve's stable of supervision.
The insurance industry is helping birth new legislation that would address one of the most vexing issues for insurers in the Federal Reserve's stable of supervision.
A caustic exchange between a key congressional staffer and an industry lobbyist indicates the insurance industrys deep concerns about prompt congressional action to renew TRIA are not misplaced.
Congress may not fully address the renewal of the Terrorism Risk Insurance Act before the scheduled expiration of the law at the end of 2014, Marsh & McLennan Cos. warns.
The Financial Stability Oversight Council will meet Thursday amid signs that the first designation of an insurer as systemically significant is imminent.
