Regulation/Legislation

In U.S. Senate Banking Committee testimony this week, Federal Reserve Board Gov. Daniel K. Tarullo offered a few insights to the Federal Reserve as it develops capital rules for insurers under its oversight.

Physician dispensing of repackaged drugs, especially for patients receiving workers compensation benefits, is drawing the scrutiny of insurers, legislators and regulators.

American International Group is now officially regulated as one of the first two non-banks designated as systemically important.

Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.

Ambac Assurance Corp joined growing opposition to a proposal by Detroit's emergency manager to default on certain bonds, including some the city backed with a pledge of its full faith and credit when they were sold, and warned that a default on them would hinder its ability to borrow in...

The head of Florida Citizens Property Insurance Corp. says the state-run insurer is well on its way to becoming the true market of last resort for the Sunshine State.