NU Online News Service, Nov. 18, 2:45 p.m.EST

WASHINGTON–Property and casualty and life insurers havewritten lawmakers objecting to language in legislation givingfederal regulators oversight of insurance holding companies theybelieve pose a systemic risk to the financial system.

The letters were sent to all members of the House FinancialServices Committee, which is currently marking up the bill, theFinancial Stability Improvement Act of 2009.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.