Insurance Regulation
Paulson Hedge Fund Pulls Plug on Bermuda Reinsurer PacRe
Billionaire John Paulson's New York hedge fund firm has shut an operation in Bermuda that had been targeted by a Democratic lawmaker as a tax shelter. Paulson's venture, a reinsurer named PacRe Ltd., ...
MetLife Considers Spinning Off Retail Business to Ease Regulation
MetLife Inc., the largest U.S. life insurer, plans to separate much of its domestic retail business as Chief Executive Officer Steve Kandarian works to shrink the company amid tighter government ...
Analyst’s Survey: Investors Back Icahn on AIG Breakup
Most American International Group Inc. investors believe that billionaire activist Carl Icahn is right that the insurer needs a new strategy, according to a Sanford C. Bernstein & Co. analyst who ...
McCarty Replacement Rumors Start Swirling; Successor Has ‘Huge Shoes to Fill’
News of who will replace Florida Insurance Commissioner Kevin McCarty has yet to be announced, but whoever takes over will have his or her work cut out for them when McCarty leaves office after 12 ...
Florida’s Veteran Insurance Commissioner Will Depart in May
Florida Insurance Commissioner Kevin M. McCarty announced said he'll resign May 2, 2016 to pursue other job opportunities, capping 12 years in the post, according to the Florida Office of Insurance ...
2016 Watch: Solvency II and Other International Issues You Should Care About
The global financial crisis is now seven years behind us and the property/casualty insurance industry and its regulation never faltered before, during or since. Yet, international pressure to ...
It’s Not Halftime: The 114th Congress Just Finished the Third Quarter
The White House and Congressional Christmas trees are up, but with 70 degree weather in Washington—and without a government shutdown threat—it's hard to believe it's the holiday season. It's ...
PCI, NAMIC Note Lobbying Wins in Congressional Legislation
Two of the property/casualty insurance industry's major trade associations noted provisions that made it to the 2016 Congressional omnibus spending bills and tax extenders legislation. The Property ...

