Regulation/Legislation

Insurers that operate thrifts would be subject to the same capital standards at the holding-company level as banks, according to new rules proposed by federal regulators.

Regulators promised to delve more deeply into lender-placed insurance, saying there may need to be more regulation of that line of business.

Insurers, producers and other insurance entities need to protect themselves from the risks social media can create.

Jeff Grange, senior vice president, head of professional lines for the specialty underwriter Torus, speaks with PC360 about how the unfolding Libor scandal will affect the professional services insurance market for financial institutions.

At its second public meeting on Aug. 6, the Federal Advisory Committee on Insurance (FACI), a private-public consultancy branch of the Federal Insurance Office, signaled it was viewing U.S. insurance regulation through the wide-angle lens of internationalization, and also seeking input on shortcomings and the need for updating state insurance...

MGIC Investment Corp, one of the largest U.S. mortgage insurers, is caught between a weak housing market and a very big customer, raising questions about the future of the money-losing company that writes 20 percent of private mortgage guarantees.