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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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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 Arthur D. Postal |
October 11, 2011
As the Financial Stability Oversight Council re-proposes the criteria it will use to determine whether an insurer is systemically important enough to merit additional federal regulation, an uneasy industry prepares for the worst.