Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON–Federal regulators lack the power to deal appropriately with insurers and other non-banking institutions that get into the kind of financial trouble that can pose grave risks to the entire economy, and legislation is needed to fix this, the Federal Reserve Board chairman said.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.