Efforts are now underway to push legislation through the Senate on an expedited basis that would clarify that the Federal Reserve Board can apply insurance-based capital standards to the insurance portion of any insurance holding company it oversees.

Energy companies, telecommunications and water suppliers must seek an improved method of addressing exposures while reducing and transferring risk appropriately.

New Yorks cities and towns may soon learn whether they can prohibit fracking for natural gas as the Court of Appeals in Albany considers challenges to the local bans.

Tom Sullivan, former Connecticut insurance commissioner, has been named senior advisor for insurance to the Board of Governors of the Federal Reserve System.