bank-centric rules

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  With IAIS in town, focus is on avoiding bank-centric standards

  By Elizabeth Festa  |  October 4, 2012

  Insurers are preparing for a bold discussion on working out global standards for insurance supervision that have the ability to change the industry and the insurance market in the U.S. once they are put in place.

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  Insurers Voice Deep Concern with Fed Capital Proposals

  By Arthur D. Postal, Elizabeth D. Festa  |  August 24, 2012

  As the Fed begins to tighten its grip on insurer-owned thrifts, insurers are weighing in.

• Nonbank SIFI “Dragnet” for Fed Supervision Targeted at Hill Hearing

  By Arthur D. Postal, Elizabeth Festa  |  June 1, 2012

  Metropolitan Life Insurance Co., Americas, President William “Bill” Wheeler told a House panel in no uncertain terms that he does not believe insurers should be regulated like banks and warned against marketplace distortion should the final federal capital enhancement rules not be crafted well--or even if they are and insurers...

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  Nonbank SIFI "Dragnet" for Fed Supervision Targeted at Hill Hearing

  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.