Category: Federal Insurance Office
Feb 5, 2015
Above: G. Donovan Brown of Colodny Fass notes Federal Insurance Office Seeking Comment on Terrorism Event Certification Process The U.S. Department of the Treasury announced yesterday, February 4, 2015, that it has begun implementing the Terrorism Risk Insurance Program Reauthorization …
Jan 6, 2015
Lloyd’s, the Association of Bermuda Insurers and Reinsurers, and the Property Casualty Insurers Association of America were among 30 domestic and international respondents to a Federal Insurance Office (FIO) 2014 request for comment on the scope of the global …
Sep 24, 2014
The U.S. Department of the Treasury’s Federal Insurance Office (“FIO”) released its second Annual Report on the Insurance Industry (“Report”) today, September 24, 2014. Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”) the …
Jun 11, 2014
With the comment period now closed as of June 9, 2014 on its Request for Information about the availability and affordability of personal auto insurance, the Federal Insurance Office (“FIO”) logged over 50 collective submissions on the issue, including …
May 20, 2014
A statutory report by the Federal Insurance Office (“FIO”) on the breadth and scope of the global reinsurance market and the critical role this market plays in supporting insurance in the United States has yet to be completed, a …
Apr 10, 2014
Indicating the growing importance of the issue, the Federal Insurance Office (“FIO”) issued a Request for Information today, April 10, 2014 entitled “Monitoring Availability and Affordability of Auto Insurance.” With comments due by June 9, 2014, the call for …
Feb 4, 2014
Federal Insurance Office (“FIO”) Director Michael McRaith will testify before the U.S. House Financial Services Housing and Insurance Subcommittee at 10:00 a.m. (ET) this morning, February 4, 2014, on the FIO’s recently released insurance regulatory modernization report. Joining him …
Dec 19, 2013
Entitled “How to Modernize and Improve the System of Insurance Regulation in the United States,” the Federal Insurance Office’s (“FIO”) long-anticipated report (“Report”) was finally released on December 12, 2013 after a delay of nearly two years. While the …
Dec 18, 2013
In its long-awaited report to Congress on how to modernize and improve the system of insurance regulation in the United States released December 12, 2013, the Federal Insurance Office (“FIO”) recommended the following short-term insurance regulatory reforms for states: …
Dec 18, 2013
In its long-awaited report to Congress on how to modernize and improve the system of insurance regulation in the United States released December 12, 2013, the Federal Insurance Office (“FIO”) listed the following recommended areas for direct federal involvement …