Ahead of a comment-period deadline, almost two dozen members of the Senate from both sides of the aisle sent a letter to the top federal-banking regulators warning them that the application of a bank-centric capital regime to the insurance industry would fundamentally alter the nature of the business, undermine prudential...

International regulatory and industry executive panelists discussing the International Association of Insurance Supervisors' ComFrame global-supervision approach diverged a great deal on key issues such as a timetable for implementation, what the framework will ultimately look like and who will supervise.

International regulatory and industry executive panelists discussing the International Association of Insurance Supervisors' ComFrame global-supervision approach diverged a great deal on key issues such as a timetable for implementation, what the framework will ultimately look like and who will supervise.

The Global Federation of Insurance Associations, a group of 31 associations representing 87 percent of the insurance business globally and much of the U.S. industry, formally established itself as an association and held its first meeting today in Washington at the headquarters of the American Council of Life Insurers.

The Global Federation of Insurance Associations, a group of 31 associations representing 87 percent of the insurance business globally and much of the U.S. industry, formally established itself as an association and held its first meeting today in Washington at the headquarters of the American Council of Life Insurers.

Michael McRaith, director of the Federal Insurance Office in the Treasury Department, has been named to head the Technical Committee of the International Association of Insurance Supervisors, the groups influential policy-developing body.

Michael McRaith, director of the Federal Insurance Office in the Treasury Department, has been named to head the Technical Committee of the International Association of Insurance Supervisors, the groups influential policy-developing body.

Insurers are preparing for a discussion on working out global standards for insurance supervision that, once in place, have the ability to change the industry and the insurance market in the U.S.