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By Elizabeth Festa, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
March 21, 2012
The National Association of Insurance Commissioners acknowledges in a letter to a member of Congress that it is not a “regulatory body,” but acts to provide a “forum and vehicle” for its members who are standard-setters.
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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, PropertyCasualty360.com |
February 11, 2011
Members of the House Financial Services Committee are drafting letters to federal regulators asking that designation of any insurer as systemically risky be delayed until insurance experts are in place to help with the process.
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By Arthur D. Postal, PropertyCasualty360.com |
February 3, 2010
State regulators have told Congress the Treasury's assessment of how American International Group holding company problems could have impacted AIG's ability to pay insurance claims is wrong.
