February 05, 2010 An issuer of equity-indexed annuities advised an appeals court to vacate a regulation that the Securities and Exchange Commission wants to use to oversee equity-indexed annuities as securities.... February 05, 2010 Leading consumer and investor advocates today urged the Senate Banking Committee to stand strong in the face of a massive lobbying effort by the insurance industry.... February 04, 2010 Lawmakers plan to introduce a bill Friday that would repeal the protection that the McCarran-Ferguson Act now gives health insurers and medical malpractice insurers against federal antitrust laws.... February 04, 2010 Sen. Charles Grassley believes American International Group Inc. (NYSE:AIG) may have authorized some executive bonuses after the federal government began helping it in September 2008.... February 03, 2010 The Obama administration believes it now has a handle on executive bonuses at American International Group Inc., Treasury Secretary Timothy Geithner said today.... February 02, 2010 State insurance regulators say they could have protected the insurance company subsidiaries of American International Group Inc. even if the parent company had collapsed.... February 02, 2010 Life insurance company and producer groups are uniting against Obama administration efforts to impose new taxes on corporate-owned life insurance and insurers that use separate accounts.... February 02, 2010 The National Association of Insurance and Financial Advisors and the Financial Services Roundtable have teamed with property-casualty groups to oppose a proposal that could give the Federal Trade Commission authority to prepare reports on the entire insurance industry.... February 01, 2010 -- President Obama’s proposed budget for the 2011 fiscal year would raise $14.4 billion in insurance-related revenue over the next 10 years, primarily by indirectly taxing the inside buildup of corporate-owned life insurance.... January 28, 2010 President Obama tonight spent part of his first State of the Union address calling for a renewed effort to pass health reform legislation.... January 28, 2010 House Democrats plan to hold a vote next week on a bill that would give the Federal Trade Commission the authority to prepare studies and reports on the insurance industry.... January 27, 2010 Members of the House Oversight and Government Reform Committee are holding a hearing on federal financial assistance to American International Group Inc. (NYSE:AIG). ... January 27, 2010 The U.S. financial system was in the midst of a “full-scale run” in the fall of 2008, and letting American International Group Inc. go bankrupt would have taken down its insurance company subsidiaries, Treasury Secretary Timothy Geithner said today.... January 26, 2010 The U.S. Treasury Department expects to lose about $30 billion on the effort to shore up American International Group Inc. (NYSE:AIG), according to draft testimony.... January 22, 2010 Two members of the House are supporting a sweeping Government Accountability Office study of the Federal Reserve Board’s role in American International Group’s decision to make whole its bank trading partners.... January 22, 2010 There is growing bipartisan support for repealing the McCarran-Ferguson Act’s antitrust exemption for health insurers as a way to help control health care costs, a healthcare analyst and lawyer said today.... January 21, 2010 A good health reform bill should focus on cost containment and on preserving the current role of agents, brokers and consultants, according to the National Association of Health Underwriters.... January 20, 2010 Now that Massachusetts voters have sent Scott Brown, a Republican, to the Senate, the Obama administration is trying to change course – but the rudder may be sticking.... January 19, 2010 Federal Reserve Board Chairman Ben Bernanke today defended the actions the Fed took to bail out American International Group Inc. (NYSE:AIG) and asked the U.S. Government Accountability Office to study the Fed’s AIG-related decisions.... January 19, 2010 Federal regulators responded to concerns about allegations of inappropriate marketing practices at 73 Medicare Advantage plan sponsors during a 4-year period that ended in early 2009, according to U.S. Government Accountability Office officials.... January 18, 2010 Congress officially returns to work Tuesday, and its first order of business will be the sharing to members of the details of the emerging compromise on healthcare reform legislation.... January 18, 2010 A number of insurance carrier and employer trade groups are asking that the effective dates for numerous changes in health place benefits and policies be extended in any healthcare reform legislation.... January 18, 2010 The House Financial Services Committee will hold a hearing Friday on the compensation practices at big banks.... |