About the Author
Elizabeth D. Festa
Elizabeth Festa, Regulatory & Compliance News Editor for LifeHealthPro.com, is a longtime financial and regulatory affairs journalist with a background in insurance, securities, the investment advisor space and telecomm deregulation, both in Washington and New York. She has worked at everything from old-school newsletter sheets punched into binders to an international wire service to a hyper-local blog, and has free-lanced for major and regional newspapers and magazines on a variety for features, real estate and lifestyle stories. She found herself covering insurance when all her colleagues covered banking, and figured an actuary could talk circles around a banker and stay in a Rolodex (she still uses one) a lot longer. Elizabeth learned insurance regulatory issues on the back of the demutualization/investment bank movement and Glass Steagall reform efforts in the late 1990s and went religiously to four NAIC meetings a year, sitting in the cheap seats in back with the skeptical accountants, heckling consultants and the pacing consumer advocates. Fast forward, after a decade of real estate and Internet company boom and bust, and she is back on the beat again, covering insurance modernization, which is an evolving process, she has learned, not a destination. Festa can be reached at efesta@sbmedia.com or on Twitter@LHPro_Reg.
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By Elizabeth D. Festa |
June 18, 2013
FSOC's Woodall urged to take a bigger part in helping set standards for G-SII.
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By Elizabeth D. Festa |
June 17, 2013
Neugebauer tells McRaith, Nelson and Woodall to figure out how to work better together.
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By Elizabeth D. Festa, Arthur D. Postal |
June 13, 2013
Nelson testified that FIO's participation in supervisory colleges is inappropriate.
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By Arthur D. Postal, Elizabeth D. Festa |
June 13, 2013
Uniform international regulatory standards will make it easier for U.S. insurers to compete in emerging markets, says McRaith.
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By Elizabeth D. Festa, Arthur D. Postal |
June 11, 2013
Also testifying are FSOC insurance expert Roy Woodall and NAIC CEO Ben Nelson.
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By Elizabeth D. Festa |
June 7, 2013
Following months of toil, the NAIC’s captives and SPV subgroup adopted its white paper.
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By Arthur D. Postal, Elizabeth D. Festa |
June 6, 2013
The industry is one step closer to streamlined nonresident insurance agent and broker licensing.
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By Elizabeth D. Festa, Arthur D. Postal |
June 3, 2013
The historic vote to designate insurers under the Dodd-Frank Act means final designation could be within weeks.
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By Elizabeth D. Festa |
May 31, 2013
In a letter, Sebelius said she values the NAIC's expertise on Medigap and other health insurance issues.
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By Elizabeth D. Festa |
May 30, 2013
The New York Liquidation Bureau distributed a record $345.6 million in estate assets in 2012.