Federal Insurance Office News
AIG, Swiss Re and XL Catlin Execs Join Terrorism Insurance Government Advisory Committee
Executives from AIG, Swiss Re, XL Catlin and Lloyd's of London are among the insurance industry executives who will serve on a new government advisory committee that will help shape private market ...
State, Federal Regulators Vow Cooperation Against Global Uniformity
State and federal insurance regulators insist they will make sure U.S. regulatory standards aren't being subsumed beneath a bid for international uniformity, though they will continue to strive for ...
Is FIO About to Step Into Data Collection?
The Federal Insurance Office (FIO) has taken a step toward fulfilling one of its obligations under the Dodd-Frank Act—a step that may ultimately have significant implications for auto insurers. ...
FIO’s Affordability Study Needs Unified Industry Input: Howard Mills’ View
There are very few sure things in life, but among the closest to a certainty is that every year, on the ubiquitous year-end lists of top risks insurers face in the year to come, regulatory risk will ...
FIO Seeks Comments on Auto Insurance Affordability
On April 10, the Federal Insurance Office, citing its authority under the Dodd-Frank act to monitor whether underserved communities have access to affordable insurance, posted a request for comments ...
FIO Chief McRaith Dismisses State v. Fed Debate as ‘Relic’
The state versus federal oversight discussion is a "binary debate" that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO ...
3 Ways FIO’s Report Could Impact Core Insurance Functions and Management
In its report, How to Modernize and Improve the System of Insurance Regulation in the United States (Modernization Report), the Federal Insurance Office (FIO) concluded that a combination of reforms ...
Ex-Treasury Deputy Wolin Says Federal Insurance Office Makes Sense
To make continued improvements in the U.S. insurance regulatory system, it's imperative for state and federal officials to work collaboratively and share information and perspectives, said former ...