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It is unnecessary for property and casualty insurance companies to be overseen by the Financial Stability Oversight Council, and Congress should move to take away that authority, a P&C trade group contends.

It is unnecessary for property and casualty insurance companies to be overseen by the Financial Stability Oversight Council, and Congress should move to take away that authority, a P&C trade group contends.

A House subcommittee will hold a hearing Wednesday and the main subject will be three pieces of legislation sought by state regulators seeking to severely roll back federal authority to oversee insurance companies gained in the 2010 Dodd-Frank financial services reform law.

A House subcommittee will hold a hearing Wednesday and the main subject will be three pieces of legislation sought by state regulators seeking to severely roll back federal authority to oversee insurance companies gained in the 2010 Dodd-Frank financial services reform law.

The Financial Stability Oversight Councilwhich came under intense pressure from insurers and their supporters in Congress to be more specific in disclosing the qualitative and quantitative standards that will be used in determining whether an institution is systemically significanthas released a much more detailed proposal for designating nonbank companies as...

The Financial Stability Oversight Councilwhich came under intense pressure from insurers and their supporters in Congress to be more specific in disclosing the qualitative and quantitative standards that will be used in determining whether an institution is systemically significanthas released a much more detailed proposal for designating nonbank companies as...

While legislators were expected to get answers today on measurements the Financial Stability Oversight Council will use in designating insurers as systemically significant, Treasury Secretary Timothy Geithner says a meeting next week will offer clarity on that issue.

While legislators were expected to get answers today on measurements the Financial Stability Oversight Council will use in designating insurers as systemically significant, Treasury Secretary Timothy Geithner says a meeting next week will offer clarity on that issue.