Moratorium
- Moratorium
- Stay
- Contractual
- State
- Courts
-
- [Both Dates PDF-629p-GooglePlay, 0428-No Video / 0505-VIDEO-CSPAN- Insurance Policy Transfers]->Not on govinfo.gov
- Senate - Committee on the Judiciary - Subcommittee on Antitrust, Monopolies and Business Rights
- Belth (Professor), James McNeill (Insurance Agent)
- I question the argument that insurance organizations should have weaker bank/thrift holding company protections because their insurance policy holders can’t easily cash out if they make bad investments.
2014 0310 - Letter - Sheila C. Bair to Sherrod Brown
- Senate Committee on Banking, Housing and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection
- Re: Subcommittee Hearing: “Finding the Right Capital Regulation for Insurers”
- The very nature of insurance significantly reduces the potential of a run-on-the-bank scenario for property/casualty, health and most life insurance products.
- For those limited products sold by insurers that could be subject to some level of run risk, mitigating factors exist such as policy loan limitations, surrender/withdrawal penalties, and additional taxes.
-- Kevin M. McCarty - NAIC Testimony- Commissioner, Florida Office of Insurance Regulation and President of the National Association of Insurance Commissioners
2012 1129 - GOV - Examining the Impact of the Proposed Rules To Implement Basel III Capital Standards
- [PDF - 439p, Video?]
- Committee on Financial Services - Joint Hearing Before the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Insurance, Housing and Community Opportunity
- The IAA notes that the exercise of any power to implement a stay on surrenders may have a cost to the reputation of the insurance industry and may result in conflicting positions between the prudential and conduct supervisors if they are separate. (Page 180 of 264)
2018 - IAIS - Compiled Comments on Holistic Framework for
Systemic Risk in the Insurance Sector 14-Nov-18 to 30-Jan-19 - 264p