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PIA Opposes Insurance Provision in Financial CHOICE Act
PIA has reaffirmed its opposition to a provision in the Financial Creating Hope and Opportunity for Investors, Consumers, and Entrepreneurs (CHOICE) Act that ...
Leonardi Slams FIO, Warns of Regulatory Chaos
Days before he is set to speak in Washington, D.C. at a Property Casualty Insurers Association of America roundtable discussion about international insurance ...
NAIC: Seek a Better Deal With the EU
The National Association Insurance Commissioners wants lawmakers in Congress to seek a new covered agreement with the European Union governing how insurance is ...
Hartford CEO Says State Regulatory Framework Works Well
Christopher J. Swift, Hartford's new Chief Executive Officer, said new capital standards driven by international and national regulators may be a solution in ...
Deloitte: States Could Fill Regulatory Breach
The move by Congress and the Trump administration to reduce regulatory oversight at the federal level and the possible repeal of the Dodd-Frank law could lead ...
U.S. System Deserves Mutual Recognition From Europe
Speaking with A.M. Best at the National Association of Insurance Commissioners' Summer National Meeting, Iowa Insurance Commissioner Nick Gerhart, a member of ...
State Regulators, Legislators Rumored for Federal Posts
A number of current and former insurance commissioners and a state lawmaker are reported to be among those under consideration for important regulatory roles ...
PIA Comments on FIO in New York Times
PIA National offered a critique of a Federal Insurance Office report on auto insurance affordability in a January 26 article in the New York Times...
Post-Brexit Insurance Deal Could Be Fast-Tracked
An agreement that would provide regulatory equivalency for U.K. and U.S. insurers could be fast-tracked for approval after Britain exits the European Union, ...
A Contradiction in the CHOICE Act
The Financial CHOICE Act is a deregulation bill—except when it comes to insurance. Then, it creates the framework for the kind of federal regulatory ...
PIA Opposes Bill That Could Lead to Federal Insurance Czar
PIA National is expressing concerns about a provision in the Financial CHOICE Act—which is supposed to reduce regulation—that could lead to the creation of a ...
A Contradiction Within the CHOICE Act
When does legislation that is supposed to scale back onerous federal regulation actually end up strengthening it? When it contains a provision that has the ...
PIA National Proposes Changes to Insurance Advocate
PIA National sent a letter to Jeb Hensarling, Chairman of the House Financial Services Committee, expressing concerns about the creation of a new federal ...
NCOIL to Consider Resolution Backing State-based Regulation
The National Conference of Insurance Legislators (NCOIL) will consider a proposed resolution supporting NCOIL initiatives to preserve state-based oversight of ...
Greater Transparency Needed From Fed on Insurance Regulation
During a U.S. House Financial Services Oversight and Investigations Subcommittee hearing, experts testified that lawmakers should impose better transparency on ...
NAIC: U.S. Ignored State Regulators in MetLife Case
The National Association of Insurance Commissioners has filed a court brief stating that the Financial Stability Oversight Council appeared to ignore or ...
FIO Says Global Standards Will Reflect U.S. System
Federal Insurance Office (FIO) Director Michael McRaith said the United States' implementation of the International Association of Insurance Supervisors' ...
NAIC Faults FSOC for Ignoring State Regulatory System
In a June 26 brief filed with the U.S. District Court for the District of Columbia regarding MetLife's case against the Financial Stability Oversight Council's ...
House Bill Supports State Insurance Regulation
"Federal creep" on oversight of insurance and financial services is a key concern in legislation written by the Republican majority and approved on June 17 by ...
PIA Continues to Fight Against Insurance Czar in CHOICE Act
The Financial CHOICE Act, the Republican alternative to the Dodd-Frank Wall Street Reform and Consumer Protection Act, was introduced in the House last week ...
Trump Suspends SIFI Designations
President Donald Trump signed an executive order directing Treasury Secretary Steven Mnuchin to suspend any new systemically important financial institution ...
NCOIL: EU Not Recognizing State System is “Offensive”
The looming threat of international regulation is helping to bring the National Conference of Insurance Legislator and the National Association of Insurance ...