Serio To Assembly: Help Avoid P-C Enron
NU Online News Service, March 19, 1:32 p.m. EST?New York's top insurance regulator urged the Democratic-controlled Assembly yesterday to pass a measure approved by the Republican-controlled Senate that will help him spot property-casualty insurers with shaky finances.
In calling for passage of SB 3737, which would extend the use of risk-based capital standards to property-casualty insurers, Superintendent of Insurance Gregory V. Serio said that financial stability has become a greater worry since the revelations following the failure of energy provider Enron.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
