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By Elizabeth Festa |
May 23, 2012
The FSOC met this week and had a lot on its plate: Volcker Rule and financial stability in light of JPMorgan's losses, and the approval of new procedures that nonbanks and FMUs can follow to protest a SIFI designation.
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By Elizabeth Festa |
May 17, 2012
Lawmakers, industry and government officials pushed for supervisory harmony and a fuller role by the Federal Insurance Office to bring about better international competitiveness for the U.S. insurance industry in a hearing May 17 before a House Financial Services Committee panel.
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By Elizabeth Festa |
May 16, 2012
MetLife does not know if the FSOC will feel compelled to name MetLife and a few other large insurers as SIFIs, and officials won't say, but lawmakers and MetLife wonder about the wisdom and the possible harmful effects of applying bank-centric regulations to an insurance company.
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By Elizabeth Festa |
May 14, 2012
The Volcker Rule may be a subject not only for banks, in light of JPMorgan trading losses, but also for insurance representatives before the House subcommittee.
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By Allison Bell |
May 4, 2012
LIFE digests the messages about American's lack of income protection into Twitter-friendly chunks.
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By Corey Dahl |
May 1, 2012
Joe Jordan wants life insurance agents to put emotion back into their selling — and develop a little pride in their business while they’re at it. Fortunately for the industry, many producers are listening.
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By AP Staff Writer |
April 27, 2012
Shares of MetLife fell on Friday after its CEO declined to predict when the life insurer might buy back shares or otherwise return capital to shareholders.
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By AP Staff Writer |
April 24, 2012
Eduardo Castro-Wright, former head of Wal-Mart de Mexico, is stepping down for "personal reasons."
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By Arthur D. Postal |
April 24, 2012
The multi-state settlement with MetLife of its unclaimed property practices, coupled with an announcement that the settlement could include the return of perhaps $700 million either to policy beneficiaries or to the states, raises more questions than it answers.
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By Corey Dahl |
April 24, 2012
Sure, diversity's a problem in the insurance industry. But it's not the most important one.
