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By Arthur D. Postal, PropertyCasualty360.com |
May 8, 2012
The Treasury Department says it expects to receive an additional $750 million from its latest sale of AIG stock as a result of underwriters buying additional shares.
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By Elizabeth Festa, PropertyCasualty360.com |
April 2, 2012
With the inaugural meeting of the Federal Advisory Committee on Insurance now in the record books, it is clear that at least initially, the group's focus will reflect FIO Director Michael McRaith’s perspective on broad, global themes.
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By Staff Writers |
March 29, 2012
While the insurance industry is state regulated, Washington D.C. has always remained a major player in the business. PC360 Washington editor Arthur D. Postal has compiled a list of the top-20 public and industry figures in Washington D.C.
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By Arthur D. Postal, PropertyCasualty360.com |
March 16, 2012
The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.
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By William Atkinson |
March 15, 2012
When it comes to providing information to senior financial executives, risk managers need to understand the importance of speaking the language of the treasurer and CFO—and not the language of risk and insurance. They also need to understand the importance of using broker information and assistance appropriately.
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By Arthur D. Postal, PropertyCasualty360.com |
March 12, 2012
A tax break provided to American International Group came under heavy fire today from four members of the former oversight panel created to monitor the Troubled Asset Relief Program.
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By MARCY GORDON, AP BUSINESS WRITER |
March 8, 2012
The Treasury Department is selling $6 billion worth of the $41.8 billion in common stock it holds in insurance giant AIG, which received the biggest bailout of the financial crisis in 2008.
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By Arthur D. Postal, PropertyCasualty360.com |
February 28, 2012
A senior member of the House Financial Services Committee is asking the National Association of Insurance Commissioners to explain the legal reasoning behind its decision to describe itself as a “standard-setting organization” rather than a trade group.
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By Arthur D. Postal |
February 9, 2012
The much-awaited Federal Insurance Office (FIO) report on reforming and modernizing state insurance regulation, mandated by Dodd-Frank, likely will not be unveiled until the end of this month or early March.
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By Arthur D. Postal, PropertyCasualty360.com |
January 26, 2012
A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short term—if ever—the investment it has made in American International Group.