Tuesday, March 17, 2009

 

AIG Debacle Sparks Fresh Look at Insurance Regulation

The implosion of insurance giant American International Group, Inc. — and the political firestorm over the government’s effort to prop up the company — may put a spotlight on long-debated efforts to overhaul regulation of the insurance industry.

As it stands now, insurance companies are primarily regulated at the state level. But with many insurance providers expanding their operations and developing increasingly complex financial products, lawmakers are considering whether to make regulatory changes...

CQ Politics: AIG Debacle Sparks Fresh Look at Insurance Regulation

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