The U.S. Federal Reserve advised today, October 31, 2016, that five federal regulatory agencies are requesting comment on a joint notice of proposed rulemaking to implement provisions of the Biggert-Waters Flood...
Members of the two national task forces convened by the Federal Reserve to make payments faster and more secure have begun to review and discuss 19 specific proposals submitted by interested task force members across...
The U.S. Department of the Treasury’s Federal Insurance Office (“FIO”) released its fourth Annual Report on the Insurance Industry on September 30, 2016. Under the Dodd-Frank Wall Street Reform...
The Florida House of Representatives’ Insurance and Banking Subcommittee would be under the oversight of a newly created “Commerce Committee” as proposed by Florida House Speaker Designate in a...
Federal Insurance Office Director Michael McRaith testified before the U.S. House Financial Services Subcommittee on Housing And Insurance at a hearing entitled “The Impact of US-EU Dialogues on U.S. Insurance...
In a press release issued last Friday, September 23, 2016, the Council of Insurance Agents & Brokers (“CIAB” or “Council”) applauded H.R. 6159, which was introduced the same day by U.S....
Federal Insurance Office Director Michael McRaith and Tennessee Insurance Commissioner and National Association of Insurance Commissioners Vice President Julie Mix McPeak will be on the witness panel for the U.S. House...
Private insurers’ takeout offers could be more readily accepted after implementation of Florida’s Citizens Property Insurance Corporation’s (“Citizens”) “Depopulation Enhancements...
Monitoring the regulatory treatment and transparency of captive reinsurers and their transactions should be a continued focus by state insurance regulators, the Financial Stability Oversight Council said in its 2016...
The Federal Emergency Management Agency (“FEMA”) is justified in not implementing Community-Based Flood Insurance (“CBFI”), the U.S. Government Accountability Office (“GAO”)...