"The day of reckoning is coming" for an optional federal charter or some other type of federal regulatory arrangement for the insurance industry, according to Ernst Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America (PCI).
Mr. Csiszar addressed 200 insurance executives during Friday's session of the 17th Annual Property-Casualty Insurance Conference in New York.
In his opening remarks, he said, currently, "there is no news about regulatory modernization==at least no good news."
Continue Reading for Free
Register and gain access to:
- 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
© 2024 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.
