Federal Insurance Office Releases Long-Awaited Modernization Report December 12, 2013 After nearly two years of delay, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) today released its report...
Flood of Regulations Coming from Obama Administration December 5, 2013 By Brian Wingfield Over the next 12 months, the Obama administration is due to issue regulations governing everything from e-cigarettes to smoke-stack emissions...
Left and Right Are Both Wrong About Regulation: Viewpoint December 5, 2013 By Cass R. Sunstein, Bloomberg View In 1981, President Ronald Reagan instructed federal agencies that they could issue regulations only after demonstrating that their benefits justified...
Deputy Treasurer Nominee Says Bank Regulations Not Right for Insurers November 20, 2013 By Sarah N. Lynch President Barack Obama’s nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large systemically...
Fed Chair Nominee Yellen Vows to ‘Carefully Consider’ SIFI Rules for Insurers November 20, 2013 By Craig Torres Federal Reserve Vice Chairman Janet Yellen said the central bank will “carefully consider” how to apply new regulatory standards to...
U.S. Regulator Unveils New Insurance Fee Guidelines November 5, 2013 A U.S. housing regulator said on Tuesday that it would ban some fees and commissions that borrowers are compelled to...
Federal Oversight of Financial Markets to Continue During Shutdown October 1, 2013 By Clea Benson U.S. oversight of financial markets and institutions will operate largely as usual in the event of a government shutdown because...
Federal Government Shutdown Effect on P/C Insurance Industry September 30, 2013 By Andrew G. Simpson If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance...
State Insurance Regulators Invoke Jefferson to Limit Federal Role September 18, 2013 By Zachary Tracer State insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government...
Insurers, State Regulators Try to Block Bank-Like Rules by Federal Reserve July 3, 2013 By Craig Torres and Zachary Tracer MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee...