state insurance regulatory system

• Senate Confirms Woodall as FSOC Voting Member with Insurance Expertise

  By Arthur D. Postal, PropertyCasualty360.com  |  September 27, 2011

  The Senate last night confirmed the nomination of Roy Woodall to be the independent member of the Financial Stability Oversight Council with insurance expertise.

• Committee Confirms Woodall to FSOC; Nomination Goes to Full Senate

  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.

• Woodall Nominated For FSOC, But Prompt Confirmation No Sure Bet

  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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  Obama Administration Announces Plans to Nominate Woodall to FSOC

  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.

• McRaith Appointed FIO Director; Industry Approves

  By Arthur D. Postal, PropertyCasualty360.com  |  March 25, 2011

  Illinois Insurance Director Michael McRaith was appointed as the first director of the Federal Insurance Office, a move that drew praise from insurance industry members.

• Industry Reacts Positively To McRaith FIO Appointment

  By Arthur D. Postal, PropertyCasualty360.com  |  March 18, 2011

  Insurance industry officials issued supportive statements regarding Illinois Insurance Director Michael McRaith’s appointment as Federal Insurance Office director.

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  NAIC President: State Regulators Shut Out Of FSOC Participation

  By Arthur D. Postal, PropertyCasualty360.com  |  March 2, 2011

  In a letter to Treasury Secretary Timothy Geithner, Susan Voss, president of the National Association of Insurance Commissioners and Iowa’s insurance commissioner, has raised objections about the treatment the insurance industry is receiving from the members and staff of the Financial Stability Oversight Council.

• Fate Of Commissioners In The Hands Of New Governors

  By Chad Hemenway, PropertyCasualty360.com  |  November 8, 2010

  Last week's election results for state gubernatorial races across the nation are likely to radically change the complexion of the state insurance regulatory system, with commissioner positions hinging on the actions of newly elected governors.

• We're Not Banks, Insurers Tell G-20

  By Arthur D. Postal, PropertyCasualty360.com  |  November 1, 2010

  Property and casualty insurers and reinsurers are mounting a full-court press in an effort to limit involvement by federal and international regulators on their business.

• Surplus Lines Reform Uses National Standards

  By Richard M. Bouhan  |  May 6, 2010

  Positive change in surplus lines market regulation recently came one step closer to reality when the Senate Banking Committee included surplus lines reform language in the financial services reform legislation.