X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NU Online News Service

SEATTLE–Looking to avoid a repeat of the problems that nearly took down American International Group, a regulator said insurance commissioners are looking to state legislators to provide authority to obtain information about a holding company’s non-insurance entities.

Citing the fall of American International Group, Ann Frohman, director of the Nebraska Department of Insurance, said that while regulators are not seeking to regulate those non-insurance assets, they do need to be in a position to collect the information and make some determination if those assets can adversely affect the insurance entities.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

 

PropertyCasualty360

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.