…optimal regulatory structure. While most of the press headlines and attention was directed at recommendations regarding reform of mortgage origination practices and Federal Reserve regulation in the banking area, Treasury…
…there with nothing…whether it’s an injured worker in the comp world or it’s a claimant of a non-standard auto insured who has gone down or the folks up in Paradise,…
…matter experts on insurance liquidation public policies. Some takeaways for your consideration: Tom Sullivan from the Federal Reserve (and member of Team USA) and David Wilson from the CA…
…in Taiwan with other resolution professionals from around the world. The resounding trend of these presentations? There is a lack of insurance company failures everywhere leading to some interesting outcomes…
…the membership on all things NCIGF via his President’s Report. And the educational portion of the day was concluded by all attendees participating in a tabletop exercise, breaking into small…
…resolution is a critical element of policyholder protection We engage in these international processes because the concept of insurance resolution is evolving around the world. NCIGF and NOLHGA have been…
…when a property and casualty insurance company becomes financially troubled and fails? What happens to policyholders who draw on coverage written by an insolvent company? The good news is they…
…to assist regulators in their efforts to rehabilitate or runoff troubled insurers; it also reviewed the restructuring mechanisms available in other countries. In addition, the program examined some of the…
…ink being spilled editorializing about currently proposed Optional Federal Charter legislation. In one day alone, the NCIGF office received more than 25 clips from industry publications and mainstream news outlets…
…making sure regulators had a full and accurate understanding of how guaranty programs work, concluding by saying that meeting these elements will help to stabilize economies around the world. Schmelzer…