The Future of Insurance Regulation in the United States

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Publisher : Rowman & Littlefield
ISBN 13 : 0815703864
Total Pages : 244 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Future of Insurance Regulation in the United States by : Martin F. Grace

Download or read book The Future of Insurance Regulation in the United States written by Martin F. Grace and published by Rowman & Littlefield. This book was released on 2009-12-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).

Modernizing Insurance Regulation

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Publisher : John Wiley & Sons
ISBN 13 : 1118758846
Total Pages : 304 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Modernizing Insurance Regulation by : John H. Biggs

Download or read book Modernizing Insurance Regulation written by John H. Biggs and published by John Wiley & Sons. This book was released on 2014-03-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of the insurance regulation begins now For those involved with the insurance industry, from investmentprofessionals to policy makers, and regulators to legislators,tremendous change is coming. With insurance premiums constitutingan ever-growing portion of annual U.S. GDP and provisions of theDodd-Frank Act specifically calling for modernization of insuranceregulations, the issues at hand are pervasive. In ModernizingInsurance Regulation, these issues are described against abackdrop of the political and industry discussions that surroundinsurance, regulation, and systemic risk. Experts Viral V. Acharyaand Matthew Richardson discuss a variety of issues with topthinkers in the fields of finance, derivatives, credit risk, andbanking to bring to light the most germane elements of this ongoingdiscussion. In Modernizing Insurance Regulation, Acharya andRichardson call on the expertise of all the relevant stakeholderswithin government, academia, and industry to offer a well-roundedand independent view of insurance regulation and how the evolutionof this key industry affects the U.S. economy now and in thefuture. Provides an overview of the feasibility of maintaining astate-level regulatory structure Offers a view of the issues from top academics, industryleaders, and state regulators Explores the debate surrounding the insurance industry andsystemic risk Provides an in-depth look at upcoming changes under theDodd-Frank Act Modernizing Insurance Regulation provides a look into thecrucial changes coming to insurance regulation and an overview ofhow those changes will affect almost everyone.

Systemic Risk and the Future of Insurance Regulation

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Publisher : Taylor & Francis
ISBN 13 : 1317799968
Total Pages : 237 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Systemic Risk and the Future of Insurance Regulation by : Andromachi Georgosouli

Download or read book Systemic Risk and the Future of Insurance Regulation written by Andromachi Georgosouli and published by Taylor & Francis. This book was released on 2017-09-19 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines policy developments that have been occurring in the field of financial regulation and their implications for the insurance industry and markets. With UK and US contributors from academia and legal practice, this book will be essential reading for policy-makers, insurance regulators, insurance and legal professionals as well as students and academics researching and studying insurance law.

The State of the Insurance Industry

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Publisher :
ISBN 13 :
Total Pages : 476 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The State of the Insurance Industry by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book The State of the Insurance Industry written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2010 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Modernizing Insurance Regulation

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Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Perspectives on Modernizing Insurance Regulation by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Perspectives on Modernizing Insurance Regulation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance Regulation Reform

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Insurance Regulation Reform by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Insurance Regulation Reform written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Insurance Regulation

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Perspectives on Insurance Regulation by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Perspectives on Insurance Regulation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination and Oversight of the Condition and Regulation of the Insurance Industry

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Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Examination and Oversight of the Condition and Regulation of the Insurance Industry by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Examination and Oversight of the Condition and Regulation of the Insurance Industry written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2006 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Emerging Issues in Insurance Regulation

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Emerging Issues in Insurance Regulation by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities, Insurance, and Investment

Download or read book Emerging Issues in Insurance Regulation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities, Insurance, and Investment and published by . This book was released on 2012 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance Regulation

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Insurance Regulation by : United States. General Accounting Office

Download or read book Insurance Regulation written by United States. General Accounting Office and published by . This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance Regulation in North America

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9041122265
Total Pages : 250 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Insurance Regulation in North America by : Bradly J. Condon

Download or read book Insurance Regulation in North America written by Bradly J. Condon and published by Kluwer Law International B.V.. This book was released on 2003-01-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intersection of insurance regulation and trade agreements is of obvious significance to international competitiveness and, thereby, to national welfare. Yet until this masterful study the subject has remained virtually unexplored. Insurance Regulation in North America, far from merely addressing this important area of theory and practice, superbly balances a world of detailed analysis and commentary with deeply insightful interpretation and debate. The book's focus on insurance regulation in three countries allows the authors to approach the subject in an extraordinary depth that could not be achieved in a more global account. In the course of their treatment the authors offer the reader the following invaluable insights, among many others:analysis of the political dimension of reaching agreements and of implementing them;comparison of the three major trade agreements that apply in the North American insurance market'NAFTA, WTO agreements on financial services, and MEUFTA (the Mexico-European Union Free Trade Agreement)'with emphasis on the relationship between GATS and NAFTA principles;investigation of the clear convergence of regulatory schemes and the probable limits to harmonization;discussion of the arbitrage by which companies get around regulatory restrictions and exploit opportunities created by loopholes;clarification of the crucial issues surrounding the role of customary international law principles in investor protection obligations;discussion of the level of government and which government agencies a company must turn to in order to satisfy legal requirements;analysis of the jurisprudence of the Supreme Court of Mexico regarding legal effects of treaties on domestic law;commentary on the effects of demutualization and of mergers and acquisitions;discussion of the effect of the entrenchment of U.S. State regulations and the federal government's lack of clear power to force State compliance; anddescription of dispute settlement procedures between governments. Although important issues arising in each of the three countries are all covered, there is an emphasis on the Mexican market in recognition of Mexico's greater future growth potential and of the relative paucity of relevant literature in English. Major case studies that reveal processes of compliance or conflict are analyzed in detail. For insurance professionals'lawyers, business executives, and policymakers'who want to understand what international trade agreements contain, how they work, and how they affect domestic insurance regulation and business strategy in what is rapidly becoming a global market for insurance and other financial services, this book is a gold mine. Scholars and academics in insurance law and international economic law will also find here a fresh new treatise of great significance.

Reforming Insurance Regulation

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Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Reforming Insurance Regulation by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Reforming Insurance Regulation written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2003 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance regulation and competition for the 21st century

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Publisher :
ISBN 13 :
Total Pages : 492 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Insurance regulation and competition for the 21st century by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Insurance regulation and competition for the 21st century written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2002 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Issues and Needed Improvements in State Regulation of the Insurance Business

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Issues and Needed Improvements in State Regulation of the Insurance Business by : United States. General Accounting Office

Download or read book Issues and Needed Improvements in State Regulation of the Insurance Business written by United States. General Accounting Office and published by . This book was released on 1979 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examining Proposals on Insurance Regulatory Reform

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Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Examining Proposals on Insurance Regulatory Reform by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Examining Proposals on Insurance Regulatory Reform written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2008 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working with State Regulators to Increase Insurance Choices for Consumers

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Publisher :
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Working with State Regulators to Increase Insurance Choices for Consumers by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Working with State Regulators to Increase Insurance Choices for Consumers written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2004 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insurance Oversight

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Insurance Oversight by : United States. Congress. House. Committee on Financial Services. Subcommittee on Insurance, Housing, and Community Opportunity

Download or read book Insurance Oversight written by United States. Congress. House. Committee on Financial Services. Subcommittee on Insurance, Housing, and Community Opportunity and published by . This book was released on 2011 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: