financial services law

• FIO Letters Say Federal Gov’t Can Protect Against Bank-Centric ‘Eurocratic’ Regulation

  By Arthur D. Postal, PropertyCasualty360.com  |  December 22, 2011

  Fears that only the federal government has the power to prevent imposition of “bank-centric” international-financial regulation by Europeans is leading two major insurance players to moderate their comments to the Treasury Department on the role the federal government should play in insurance regulation going forward.

• FSOC Promises Details on Nonbank Systemically-Important Criteria

  By Arthur D. Postal, PropertyCasualty360.com  |  August 11, 2011

  The Treasury Department confirmed late Wednesday that the Financial Stability Oversight Council plans to re-propose—with “greater detail on the process and framework”—the principles it will use in designating nonbank financial companies as systemically significant.

• NCOIL President Keiser Applies for Advisory Council to FIO

  By Staff Writer  |  June 24, 2011

  North Dakota Rep. George Keiser has applied for a spot on the Federal Advisory Committee on Insurance, says the National Conference of Insurance Legislators.

• Federal Regulators Zero In On Non-Exec Compensation Packages

  By Arthur D. Postal, PropertyCasualty360.com  |  March 30, 2011

  Federal financial regulators are taking aim at large compensation packages paid to non-executives at financial institutions.

• 

  Split Decision On Turn

  By Susanne Sclafane, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com  |  January 19, 2011

  NU Editors provide forecasts on developments in Washington and market conditions for 2011

• 

  Rep. Bachmann Seeks To Repeal Dodd-Frank

  By Arthur D. Postal, PropertyCasualty360.com  |  January 7, 2011

  Rep. Michele Bachmann, R-Minn., plans to introduce legislation repealing the Dodd-Frank financial services law, calling it "misguided" and a "blatant abuse of power."

• Old Biz Tops Agendas Of P&C Groups

  By Arthur D. Postal, PropertyCasualty360.com  |  January 3, 2011

  Regulatory initiatives dealing with implementation of the financial services reform law, and such old business as providing certainty to the NFIP will keep p&c insurance industry lobbyists extremely busy this year.

• AIG Biggest User Of Fed Commercial Paper Lending Facility

  By Arthur D. Postal, PropertyCasualty360.com  |  December 2, 2010

  American International Group was the apparent biggest user of the Federal Reserve Board's short-term lending facility after it ran into financial trouble starting in September 2008, according to documents released by the Fed Wednesday.

• FSOC Seeks Insurer Input On Extent Of Oversight Authority

  By Arthur D. Postal, PropertyCasualty360.com, Allison Bell  |  October 6, 2010

  Insurers and other non-bank financial companies are being asked for feedback regarding the extent of oversight authority the new Financial Stability Oversight Council (FSOC) should have.