Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry skin in the game as their price for reauthorizing the Terrorism Risk Insurance Act.
Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry skin in the game as their price for reauthorizing the Terrorism Risk Insurance Act.
The International Association of Insurance Supervisors has told the insurance world it will be developing a first-ever risk-based global insurance capital standard by 2016.
The International Association of Insurance Supervisors has told the insurance world it will be developing a first-ever risk-based global insurance capital standard by 2016.
The chairman of the Subcommittee on Housing and Insurance wrote a sharply worded letter to Federal Insurance Office Director Michael McRaith, demanding to know why several overdue reports required by the Dodd-Frank Act were still not submitted to Congress.
The chairman of the Subcommittee on Housing and Insurance wrote a sharply worded letter to Federal Insurance Office Director Michael McRaith, demanding to know why several overdue reports required by the Dodd-Frank Act were still not submitted to Congress.
The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.
The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.
A report by the Government Accountability Office (GAO) has found that the state insurance regulatory system helped mitigate the negative effects of the 2007-09 financial crisis on the insurance industry. GAO also found that state insurance regulators continued efforts to strengthen the insurance regulatory system.
A GAO study on the benefits of state insurance regulation is important because it serves as an objective counterbalance to an upcoming report that will likely not be objective: The FIO's regulatory modernization report.