Wednesday, January 28, 2009
Regulators Endorse Plan to Lower Insurers' Cash Cushions
Proposal to Help Firms Endure Recession Set for Final Vote: Life insurance companies moved a step closer yesterday to being allowed to operate with thinner financial cushions as they try to weather the economic crisis.
A committee of state regulators endorsed proposals that would make it appear that insurers have more capital to withstand financial setbacks and meet their promises to policyholders. The action paved the way for a final vote tomorrow by the leadership of the National Association of Insurance Commissioners, an assembly of state regulators...
Washington Post: Regulators Endorse Plan to Lower Insurers' Cash Cushions
A committee of state regulators endorsed proposals that would make it appear that insurers have more capital to withstand financial setbacks and meet their promises to policyholders. The action paved the way for a final vote tomorrow by the leadership of the National Association of Insurance Commissioners, an assembly of state regulators...
Washington Post: Regulators Endorse Plan to Lower Insurers' Cash Cushions
Permalink posted by markw @ 6:14 AM 
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