NU Online News Service
Property/casualty insurance companies "do not have the characteristics of a firm that pose a system risk," and therefore should not be subject to federal oversight, a coalition of large insurers told federal regulators.
The companies also sought to explain that problems at AIG that contributed to the financial crisis were not related to the company's P&C insurance operations.
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
NOT FOR REPRINT
© 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.
