regulation News
China Regulators Cap How Much Insurers Can Invest in Their Shareholders
China's banking and insurance regulator on Monday capped how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is ...
EU Seeks to Give Insurance, Other Finance Regulators More Post-Brexit Powers
The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc's reliance on Britain's ...
NRA-Marketed Insurance Hit With Crackdown From California Regulators
California's insurance regulator ordered the National Rifle Association to stop marketing an insurance product without being licensed. A "Carry Guard" product was allegedly being marketed by the NRA ...
Trump’s Auto Efficiency Rollback Makes Safety Claims; Experts Are Wary
The Trump administration intends to brand its rollback of Obama-era fuel economy requirements as a life saver, literally -- even labeling it the "Safer and Affordable Fuel Efficient Vehicles Rule." ...
Calif. Insurance Commissioner Ran Climate-Related Stress Test on Insurers
California Insurance Commissioner Dave Jones ran a "stress test" on the state's largest insurers, something that he claims is the first done by U.S. financial regulators to focus on climate-related ...
EU Will Grant Consumers More Powers to Sue Companies
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. ...
U.S. Pipeline Owners Risk More Regulation Over Unreported Cyber Attack
A cyberattack that U.S. natural gas pipeline owners weren't required to report has lawmakers taking a closer look at how the industry is handling such threats, raising the prospect of tighter ...
Self-Driving Cars: Bill to Speed Up Deployment, Testing Gets Accelerated Lobbying Push
Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the ...