An influential group of financial services executives is proposing creation of an omnibus federal financial regulator, whose jurisdiction would include property-casualty and life insurers, as well as
An influential group of financial services executives is proposing creation of an omnibus federal financial regulator with a jurisdiction including life and property-casualty insurers as well as
WASHINGTON--A panel of the nation's insurance regulators approved a proposal to relax capital and surplus requirements for life insurers after a hearing yesterday that was slammed by a consumer
NEW YORK--Insurance executives said today that the current mood in Congress, given the U.S. financial troubles, indicates some form of federal insurance regulation has become a matter of "when," rather
The 19th annual executive conference for the life insurance industry was sponsored by Dewey & LeBoeuf; Ernst & Young, New York; and Summit Business Media, Erlanger, Ky., parent of National Underwriter
The new president of the National Association of Professional Insurance Agents said attempts to put regulation of the insurance industry into the hands of the federal government is an effort by some t
WASHINGTON--Congress will insist on "more uniform, more national regulation" next year in the wake of American International Group's liquidity meltdown, a lawyer who heads an American Bar Association t
Insurance regulation and the federal government probably never entered your mind at the same time, but you may need to change the way you think. Currently, each state regulates rates, agent and
WASHINGTON--Charles Chamness, president and chief executive officer of the National Association of Mutual Insurance Companies, has written the Senate urging it to reform rather than replace the state-b
Rep. Paul Kanjorski, D-Pa., in a "Dear Colleague" letter also said the measure "does not change the regulation of insurance and does not take sides in the state-versus-federal regulation of insurance