Treasury Archives - Carrier Management

FSOC Leaves SIFI Labels Unchanged

A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems "systemically important." The ...

Insurance Industry Slams Treasury’s New Auto Insurance Affordability Formula

Federal regulators have adopted a methodology for monitoring the affordability of automobile insurance, capping years of debate and public comments. Property/casualty insurers, however, said the new ...

Fed Could Clear Up SIFI Uncertainty This Year

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory ...

A New Year’s Resolution: I Will Protect My Portfolio from Rising Rates

As with personal resolutions and renewed avowals, the start of a new year is the perfect time for insurers to revisit the parameters and goals guiding their investment portfolios. Particularly for ...

Treasury Nominee Raskin Says Bank Rules Do Not Fit Insurers

President Barack Obama's nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large systemically important insurance companies should not face the same ...

Treasury Seeks Financial Risk Management Officer for Federal Programs

The U.S. Treasury Department wants to hire someone to help manage risks and protect against losses on federal programs, according to an internal memo. The Treasury intends to create the job of chief ...

Wolin Leaving as Deputy U.S. Treasury Secretary

Deputy U.S. Treasury Secretary Neal Wolin, who has defended tighter financial regulation as necessary in the aftermath of the 2008 credit crisis, is stepping down at the end of August, according to ...