Major insurance trade groups are asking the Senate Banking Committee not to require large financial institutions to prefund a systemic risk resolution fund as part of financial services reform legislation.
Ten property and casualty and life-health insurance trade groups have written lawmakers opposing a House health care bill provision to permit the Federal Trade Commission to prepare studies and reports on their industry.
The authority of federal regulators to oversee and liquidate troubled large insurance companies should be significantly pared back in legislation Congress is considering, insurance interests are arguing.
The authority of federal regulators to oversee and liquidate troubled large insurance companies should be significantly pared back in legislation Congress is considering, insurance interests are arguing.
Treasury Secretary Timothy Geithner's cautious statements of support for an optional federal charter for insurers is provoking reactions pro and con from property-casualty insurance company trade groups.
Delaware regulators have agreed to end a three-year court battle to implement a regulation that would restrict the ability of an insurer to nonrenew a homeowner's policy based on claims history, insur
"For the first time in many months, we're seeing what could be real progress in Geneva," in terms of negotiations within the World Trade Organization on liberalization of insurance regulations, said
Joe Annotti, vice president of public affairs for PCI, said the group's main lobbying effort has been extension of the Terrorism Risk Insurance Act, which provides federal support for insurers in the
Washington--A rift has erupted between two financial services trade groups over how best to modernize the insurance regulatory system.In a statement today, the Optional ...
Insurance Trade Groups Back Rep. Oxley SchemeBy Steven Brostoff, Washington EditorNU Online News Service, March 15, 3:44 p.m. EST, Washington?Industry groups, including supporters of optional ...