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NAIC's AIG consumer FAQ
(10/8/2008)
Source: NAIC (http://www.naic.org/index_AIG_consumer_FAQ.htm)... Full Story
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Regulators Inform Congress of Strength of State Oversight
(10/8/2008)
WASHINGTON, D.C. — New York State Insurance Superintendent Eric Dinallo appeared today before the U.S. House Committee on Oversight and Government Reform at a hearing titled, “The Causes and Effects of the AIG Bailout.”... Full Story
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NAMIC President: Industry Stable Despite Financial Crisis
(10/7/2008)
The National Association of Mutual Insurance Companies views the current economic crisis as one of the reasons to thwart efforts to form an optional federal charter, said Chuck Chamness, NAMIC president and chief executive officer... Full Story
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Dinallo Says State Regulatory System Worked Well in AIG Case
(10/7/2008)
New York Insurance Superintendent Eric Dinallo, who helped broker a Federal Reserve Board-backed $85 billion rescue of AIG, said that state-level insurance regulation helped catch financial problems far earlier than if the federal government had been in charge... Full Story
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State Regulators See No Trickle-Down from AIG Parent to Insurance Units
(10/7/2008)
State regulators from across the country say that the problems at parent company American International Group are unlikely to trickle down to affect its insurance operations that come under their regulatory supervision... Full Story
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Insurance Industry Remains Stable During Financial Crisis, Thanks to State Regulation
(10/3/2008)
WASHINGTON — America’s insurance consumers have been well protected and insurance companies remain stable and sound in the current financial turmoil thanks to fiscally prudent regulatory oversight by state insurance regulators, according to the National Association of Professional Insurance Agents (PIA)... Full Story
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State Regulators Blast Federal Regulation Advocates Over AIG
(9/30/2008)
State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation... Full Story
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Aon CEO, Supporter of OFC, Says State Regulators Did a Good Job in Financial Crisis
(9/30/2008)
The positive performance of state insurance regulators during the current financial crisis is causing at least one supporter of optional federal charters to re-think his position... Full Story
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