Insurance Regulation
New York Grabs ‘Shaky’ Lead Over London As Top Financial Center
New York replaced London as the world's leading financial center for the first time, after the City was rocked by a series of scandals and questions over the U.K.'s place in the European Union. New ...
Senate OKs Bill to Curb Flood Insurance Hikes
The Senate on Thursday went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the ...
Feds Will Play a Role in U.S. Insurance Regulation, FIO’s McRaith Says
While Treasury's Federal Insurance Office is promoting a hybrid landscape of state and federal insurance regulation, discussion in insurance regulatory circles still centers on preemption of state ...
Consumer Group Offers Fix for Uninsured Motorist Problem
Most uninsured motorists in the U.S. are responsible, safe drivers who simply cannot afford to purchase liability coverage with their income but who still need to drive for their work, according to a ...
APIW to Honor Vaughan as 2014 Insurance Woman of the Year
The Association of Professional Insurance Women has selected Therese M. Vaughan as this year's recipient of the APIW Insurance Woman of the Year Award. A cocktail reception and award ceremony ...
Senate Bill Would Free U.S. Insurers from Bank Capital Rules
The U.S. lawmaker who wrote a Dodd-Frank Act provision that imposes bank-like capital standards on the insurance industry introduced legislation to ease the requirements. Senator Susan Collins, a ...
Consortium of 20 Insurers Offers Coverage for Derivatives Clearinghouses
A group of insurers is for the first time offering to shoulder risk for clearinghouses backing hundreds of millions of derivatives trades, proposing more protection in markets where a collapse could ...
Senate Leaders Look to Quickly Pass U.S. House Flood-Insurance Measure
Senate leaders are seeking agreement to quickly pass a House flood-insurance bill to avert steep premium increases for property owners in coastal states such as Florida, Louisiana and New Jersey, ...