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By Arthur D. Postal, PropertyCasualty360.com |
January 19, 2012
The president of the National Association of Mutual Insurance Companies says the “Volcker rule” contains “ambiguities” that could potentially inappropriately impact property and casualty insurers that have banks or thrifts.
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By Arthur D. Postal, PropertyCasualty360.com |
June 10, 2010
Congress Thursday afternoon launched its effort to reconcile different versions of financial services reform legislation, with the goal of putting a final bill on President Barack Obama's desk before Independence Day.
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By Arthur D. Postal, PropertyCasualty360.com |
May 25, 2010
The Senate agreed Monday night to pursue a change in financial services legislation that would exempt insurers that own banks or thrifts from the "proprietary trading" restrictions imposed by the "Volcker rule."
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By Arthur D. Postal, PropertyCasualty360.com |
April 30, 2010
As debate continues on financial services reform legislation in the Senate, the insurance industry will be working to revise regulatory provisions they consider too "bank-centric."
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By Arthur D. Postal, PropertyCasualty360.com |
February 8, 2010
The tsunami set off by the election of a Republican senator from Massachusetts to take Ted Kennedy's place is likely to generate far stronger federal oversight of the insurance industry than would have otherwise been the case.
