As the U.S. Financial Stability Oversight Council run sup again a deadline to make a decisions on the appealed designation of Prudential Insurance as a systemically important financial institution, one member of the group says some of his colleagues don't seem to understand how insurance works.

As the U.S. Financial Stability Oversight Council run sup again a deadline to make a decisions on the appealed designation of Prudential Insurance as a systemically important financial institution, one member of the group says some of his colleagues don't seem to understand how insurance works.

The National Association of Insurance Commissioners has come out strongly in favor of prompt reauthorization of the Terrorism Risk Insurance Act.

The National Association of Insurance Commissioners has come out strongly in favor of prompt reauthorization of the Terrorism Risk Insurance Act.

One of the gaps in state insurance regulation is in the area of insurers use of captives, Federal Insurance Office Director Michael McRaith said in a closed meeting with state insurance regulators, staff and leadership of the National Association of Insurance Commissioners.

International standard-developing bodies have been turning a studied eye towards insurance regulator standards this summer, with the latest move coming from the G-20s Financial Stability Board involving standards for unwinding failing insurers.

State insurance departments are showing growth in budget levels over the past few years, according to the just-released National Association of Insurance Commissioners report.

State insurance departments are showing growth in budget levels over the past few years, according to the just-released National Association of Insurance Commissioners report.