FSOC on insurance News

The U.S. properly labeled MetLife Inc. as “too big to fail,” the government said, arguing to overturn a ruling that dealt a major blow to efforts to rein in risk in the financial system. A federal judge “was profoundly mistaken” …

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not clear. Those details could come this …