Uniformity and Efficiency in Insurance Regulation
Author : W. Jean Kwon
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Page : 0 pages
File Size : 19,28 MB
Release : 2007
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ISBN :
Author : W. Jean Kwon
Publisher :
Page : 0 pages
File Size : 19,28 MB
Release : 2007
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Author : United States. Congress. House. Committee on Commerce. Subcommittee on Finance and Hazardous Materials
Publisher :
Page : 46 pages
File Size : 36,68 MB
Release : 2000
Category : Consumer protection
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Author : United States. Congress. House. Committee on Commerce. Subcommittee on Finance and Hazardous Materials
Publisher :
Page : 112 pages
File Size : 34,33 MB
Release : 2000
Category : Business & Economics
ISBN :
Author : Michael R Bromwich
Publisher :
Page : 107 pages
File Size : 28,62 MB
Release : 2002-04
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ISBN : 9780756720926
Witnesses: J. Lee Covington, Dir., Ohio Dept. of Insur.; Richard Hillman, Assoc. Dir., Financial Institutions & Markets Issues, GAO; Robert Mendelsohn, CEO, Royal & SunAlliance, on Behalf of the Amer. Insur. Assoc.; Glen Milesko, Pres. & CEO, Banc One Insur. Services Corp., on behalf of the Amer. Bankers Assoc. Insur. Assoc.; Drayton Nabers, Jr., Chmn. & CEO, Protective Life Corp., on Behalf of the Amer. Council of Life Insurers; Ronald Smith, Pres., Smith, Sawyer & Smith, Inc., on behalf of the Independent Insur. AgFinancial Services Roundtable; & Philip Urban, Pres. & CEO, Grange Insur. Cos., on Behalf of the Nat. Assoc. of Mutual Insur. Co.
Author :
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Page : pages
File Size : 37,70 MB
Release : 2000
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Author : United States. Congress. House. Committee on Commerce. Subcommittee on Finance and Hazardous Materials
Publisher :
Page : 43 pages
File Size : 48,86 MB
Release : 2000
Category : Consumer protection
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Author :
Publisher :
Page : pages
File Size : 35,28 MB
Release : 2000
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Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher :
Page : 476 pages
File Size : 15,41 MB
Release : 2010
Category : Insurance
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Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher :
Page : 208 pages
File Size : 36,72 MB
Release : 2003
Category : Insurance
ISBN :
Author : Martin F. Grace
Publisher : Rowman & Littlefield
Page : 244 pages
File Size : 24,80 MB
Release : 2009-12-01
Category : Business & Economics
ISBN : 0815703864
A Brookings Institution Press and Georgia State University publication Important changes have buffeted the insurance industry over the past decade. The 1999 repeal of key provisions of the Glass-Steagall Act unleashed a wave of conglomeration in financial services, as bank holding companies acquired insurance and securities businesses and, to a much lesser degree, insurance companies acquired securities firms and banks. Rivalry within the sector has intensified: insurance companies have developed products that compete directly with the offerings of banks and securities firms and vice versa. In addition, the industry has become increasingly global. Against this backdrop, pressure has been building for fundamental changes to the structure of insurance regulation in the United States. Despite several court challenges over the years, insurance continues to be regulated by the states. Many insurance companies view state regulation as an increasing drag on their efficiency and competitiveness and support a federal regulatory system. However, powerful stakeholders, including state officials, state and regional insurance companies, and many insurance agents, oppose federal regulation. As a result, proposals to establish an optional federal charter (OFC) for insurance companies and agents remain mired in fierce debate. The Future of Insurance Regulation in the United States gathers some of the country's leading experts on financial regulation to assess the case for an enhanced federal role in the insurance sector. They pay particular attention to the merits of an OFC and how it might be designed. They also consider the principles that should guide insurance regulatory policies, regardless of the institutional framework, and examine the implications of financial convergence and the internationalization of insurance markets for an optimal regulatory structure. The debate over insurance regulation has only grown in complexity and intensity since the financial crisis began in the fall of 2008. This book will both inform and help to shape those critical discussions. Contributors: John A. Cooke (International Financial Services London), Robert Detlefsen (National Association of Mutual Insurance Companies), Martin F. Grace (Georgia State University), Robert W. Klein (Georgia State University), Robert E. Litan (Ewing Marion Kauffman Foundation and Brookings Institution), Phil O’Connor (PROactive Strategies), Hal S. Scott (Harvard Law School), Harold D. Skipper (Georgia State University), Peter J. Wallison (American Enterprise Institute).