NU Online News Service, Nov. 9, 3:38 p.m. EST

Investment activities of insurers are “fundamentally different from the types of activities that are targeted by the so-called ‘Volcker Rule’ on proprietary trading,” officials of the Property Casualty Insurers Association of America (PCI) said in a comment letter to federal authorities.

As a result, the letter states, regulators “must avoid interpreting the rule in a manner that inappropriately sweeps insurance investments into the prohibition,” the letter said.

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

Already have an account?


Complex Claims & Litigation Forum 2023Event

Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases.

Get More Information


Join PropertyCasualty360

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

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.