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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 10, 2012
SIFI and G-SIFI designations will change how companies are perceived by policyholders, shareholders, management, changing behavior, investment, patronage, regulators and companies say
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By Elizabeth Festa |
April 23, 2012
Payouts to consumers would come over a long, multi-year process, although MetLife expects $188 million to be paid out in 2012 for industry policyholders.
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By Bill Coffin |
April 18, 2012
Prudential Financial has named Stephen Pelletier and Robert O'Donnell to lead its Group Insurance and Annuities businesses, respectively.
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By Bill Coffin |
March 27, 2012
Steve Pelletier is the president of Prudential Annuities, and knows better than anyone the unique challenges and opportunities that face the annuity market as it continues to be the driving force behind the entire life/health industry.
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By Elizabeth Festa |
March 15, 2012
The Chicago Fed is teasing out a place for insurers under a broader supervisory regime, as insurance regulators remain largely silent on MetLife's failure of the Fed's stress test for bank holding companies.
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By Michael K. Stanley |
February 29, 2012
Veterans returning home from a decade of war, military men and women who are already home and having trouble finding employment and law enforcement officials who have been laid off due to budgetary constraints will have the opportunity to be educated on how to transition to new careers.
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By Arthur D. Postal |
February 24, 2012
New York State has become the first state to require life insurers to pay beneficiaries of life insurance claims immediately, effectively prohibiting the use of retained asset accounts.
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By Elizabeth Festa |
February 22, 2012
The Prudential unclaimed property investigation, spearheaded by Florida, 20 states to become effective. Kentucky's signature Feb. 15th validates the $17 million settlement.
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By Elizabeth Festa |
February 9, 2012
They are neither fish nor fowl, according to the Contingent Deferred Annuity (A) Subgroup chair's remarks on a conference call with industry Thursday.
