Bank holding company first-quarter insurance brokerage income declined by 5.7 percent to $3.03 billion, compared with last year's record $3.21 billion for the period, a consulting firm reported.
The Federal Deposit Insurance Corp. argued July 24 for limits on the Consumer Financial Protection Agency to protect consumers from risky financial products and warned against stripping consumer protection duties from bank regulators.
Celebrating 80 Years By Susan R.A. Honeyman From AA&B July 2009 The American insurance industry existed long before American Agent & Broker, but the industry ...
President Barack Obama's financial regulatory reform plan could leave creditors, with subordinate claims against failing insurance holding companies, stuck with underperforming assets, a Moody's report said.
The Obama administration will propose putting large insurance companies under the control of a federal, systemic risk supervisor for the financial system, and probably a U.S. insurance regulator as well...
The Obama administration will propose putting large insurance companies under control of a federal financial system risk regulator and probably a U.S. insurance regulator as well, according to a draft document.
The National Conference of Insurance Legislators sent a letter last week to Congress insisting that proposals for financial services regulatory reform involve state and federal regulators as equal partners.