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Industry leaders comment on topics ranging from a series of tornadoes that struck the Dallas-Fort Worth area, to the Financial Stability Oversight Council approving its final rule on systemically significant non-bank financial institutions.

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 will vote Tuesday on the factors it will use in determining whether an insurer is systemically significant, a regulatory process that has been underway since the fall of 2010.

The three trade groups representing the majority of property and casualty insurers reiterate in a letter to the Financial Stability Oversight Council that property and casualty insurance carriers by their very nature do not pose a threat to the financial stability of the U.S.

The three trade groups representing the majority of property and casualty insurers reiterate in a letter to the Financial Stability Oversight Council that property and casualty insurance carriers by their very nature do not pose a threat to the financial stability of the U.S.

Rep. Barney Frank, D-Mass., defended the Dodd-Frank Act, saying Repubicans critical of the bill acknowledged it was necessary.

It is unnecessary for P&C insurance companies to be overseen by the Financial Stability Oversight Council as potentially systemically significant, and Congress should move to take away that authority, NAMIC contends.