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By Staff Writer |
November 2, 2011
Moody's Investors Service has downgraded the insurance financial strength rating of Mortgage Guaranty Insurance Corporation (MGIC), citing “material deterioration in the insurer's regulatory capital position, large current and projected claims payments, and modest new business production.”
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By Arthur D. Postal, PropertyCasualty360.com |
September 8, 2011
The Senate Banking Committee today approved Roy Woodall to be the independent member of the Financial Stability Oversight Council with insurance expertise and sent the nomination to the full Senate for final approval.
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By Holly Bakke |
August 5, 2011
A former New Jersey insurance commissioner tells you why insurance could cost less if the current regulatory system didn’t cost so much.
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By Arthur D. Postal, PropertyCasualty360.com |
June 30, 2011
Roy Woodall’s nomination as the independent member with insurance expertise on the Financial Stability Oversight Council (FSOC) is being welcomed by the insurance industry—but don’t expect him to immediately be able to play a role there.
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By Phil Gusman, PropertyCasualty360.com |
June 27, 2011
Former Kentucky Insurance Commissioner Roy Woodall will be President Obama’s nominee for the insurance member of the Financial Stability Oversight Council.
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By Arthur D. Postal, PropertyCasualty360.com |
March 22, 2011
Kentucky, New Mexico and Ohio have become the first states to enact comprehensive legislation implementing the surplus lines and reinsurance reform and modernization law.
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By Allison Bell |
October 25, 2010
Florida has a high concentration of older residents and a history of being a place where some have gone to try to take advantage of others.
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By Arthur D. Postal, PropertyCasualty360.com |
October 11, 2010
A coalition of insurance agent groups is asking the NAIC to exclude commissions from a new medical loss ratio requirement in the federal health care reform law.
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By Arthur D. Postal, PropertyCasualty360.com, Allison Bell |
August 9, 2010
Sen. Jay Rockefeller, D-W.Va., threatened to resurrect his quest for a public health insurance option after failing to win a commitment from federal and state officials for regulations imposing tight control over administrative costs in premiums.
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By Arthur D. Postal, PropertyCasualty360.com |
July 5, 2010
Financial services regulatory reform legislation establishing a Federal Insurance Office with limited authority was passed last week by the House of Representatives, setting the stage for Senate action after the July 4 recess.
