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By Staff Writers |
April 6, 2012
Industry leaders comment on topics ranging from a series of tornadoes that struck the Dallas-Fort Worth area, to the Financial Stability Oversight Council approving its final rule on systemically significant non-bank financial institutions.
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By Staff Writers |
March 29, 2012
While the insurance industry is state regulated, Washington D.C. has always remained a major player in the business. PC360 Washington editor Arthur D. Postal has compiled a list of the top-20 public and industry figures in Washington D.C.
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By Arthur D. Postal, PropertyCasualty360.com |
March 16, 2012
The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.
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By Arthur D. Postal, PropertyCasualty360.com |
November 1, 2011
A new Government Accountability Office report about the federal rescue of American International Group shows there was vigorous debate about whether the Federal Reserve should provide assistance to the insurer, and what the state-level and international implications would have been should the government not act.
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By Arthur D. Postal, PropertyCasualty360.com |
October 11, 2011
The Financial Stability Oversight Council—which came under intense pressure from insurers and their supporters in Congress to be more specific in disclosing the qualitative and quantitative standards that will be used in determining whether an institution is systemically significant—has released a much more detailed proposal for designating nonbank companies as...
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By Arthur D. Postal, PropertyCasualty360.com |
October 6, 2011
While legislators were expected to get answers today on measurements the Financial Stability Oversight Council will use in designating insurers as “systemically significant,” Treasury Secretary Timothy Geithner says a meeting next week will offer clarity on that issue.
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By Arthur D. Postal, PropertyCasualty360.com |
October 4, 2011
Treasury Secretary Timothy Geithner is expected to be on the hot seat Thursday as both the Senate and House banking committees take turns grilling him during a long-delayed hearing on the policies and regulations of the Financial Stability Oversight Council.
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By Chad Hemenway, PropertyCasualty360.com |
May 25, 2011
American International Group Inc. (AIG) and the U.S. Department of the Treasury made available 300 million shares priced at $29 per share, which raised about $9 billion.
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By Arthur D. Postal, PropertyCasualty360.com |
May 20, 2011
President Obama is coming closer to his decision to nominate the independent member of the Financial Stability Oversight Council with insurance experience, the Treasury Department says.
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By Arthur D. Postal, PropertyCasualty360.com |
May 5, 2011
The Senate Banking Committee on May 12 will hear from the industry and members of the Financial Stability Oversight Council on the criteria the agency will use in determining if an insurance company is eligible for federal oversight.
