insurance expertise

Nelson outlines concerns with FIO

By Elizabeth D. Festa, Arthur D. Postal | June 13, 2013

Nelson testified that FIO's participation in supervisory colleges is inappropriate.

FSOC to meet; still debating SIFI

By Arthur D. Postal, Elizabeth D. Festa | April 24, 2013

They will meet Thursday to approve the FSOC annual report, but signs indicate the first designation of a SIFI is near.

Dodd-Frank: A Guide

By Allison Bell | April 22, 2013

Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010: The Insurance Provisions

IAIS shows its hand on FSB, extends ComFrame debate

By Elizabeth D. Festa | April 6, 2013

As the G-SII determination date gets closer, the ComFrame draft is pushed further back.

Report cites Prudential to be named as a non-bank SIFI

By Arthur D. Postal | October 19, 2012

Prudential Financial on Thursday advanced to the final stage of the government’s process for designation as a non-bank systemically important institution, according to several sources.

Lawsuit Challenges Constitutionality of FSOC

By Arthur D. Postal | June 26, 2012

A small Texas bank and a conservative Washington think tank have joined to file a lawsuit challenging the constitutionality of the Financial Stability Oversight Council.

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...

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.

NAIC's "House" of Regulation to be a Focus of DC Summit, Response to Royce Due Soon

By Elizabeth Festa | March 20, 2012

Will Rep. Royce give it a "seal of approval" tomorrow at the NFI regulatory reform summit in D.C.?

Chicago Fed's "Insurance Initiative" Scrutinizing Insurance Industry Risk

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.