The Federal Insurance Office says it will release its long-awaited report on recommendations for modernizing and improving insurance regulation before July.
The Federal Insurance Office says it will release its long-awaited report on recommendations for modernizing and improving insurance regulation before July.
As the Florida OIR gets swamped with PIP coverage rate filings, the state's insurance commissioner says it appears savings will result from a mitigation of rate increases rather than actual rate reductions for most companies.
As the Florida OIR gets swamped with PIP coverage rate filings, the state's insurance commissioner says it appears savings will result from a mitigation of rate increases rather than actual rate reductions for most companies.
The creation of the Federal Insurance Office (FIO) as part of the Dodd-Frank law is a significant breakthrough in one of the countrys most vital sectors of the economy: Former Congressman Michael Oxley, R-Ohio, accurately referred to the insurance sector as the glue that holds our economy together.
I’m sure the phones were ringing in the offices of insurance carriers based in Illinois when the announcement came last week that secretary of the treasury Timothy Geithner had selected Michael McRaith to be the first director of the Federal Insurance Office.