Regulation and Oversight

Connecticut Insurance Commissioner Katharine L. Wade testified before Congress representing the National Association of Insurance Commissioners (NAIC). Ms. Wade responded to questions about the appropriate role for the federal government in insurance issues. The hearing focused on the federal government's international and domestic engagement. Read More

The Tennessee Department of Commerce & Insurance is ushering in new, more modern rules to guide the Volunteer State's burgeoning captive insurance industry. The new rules relate to dormancy, audits, and financial exams. Read More

The United States and European Union recently signed the bilateral US-EU agreement on prudential insurance and reinsurance measures. The agreement conveys benefits to US and EU insurers and reinsurers operating across the Atlantic by offering them enhanced regulatory certainty while maintaining robust consumer protections. Read More

With growing competition from new captive insurance domiciles, the Cayman Islands are evolving into an international insurance and reinsurance jurisdiction. This article summarizes the Insurance Managers Association of Cayman's (IMAC's) view of the transformation that is underway. Read More

The US Treasury Department recently announced that European Union (EU) and US representatives have successfully negotiated a bilateral agreement on insurance and reinsurance regulation intended to "provide enhanced regulatory certainty" for the industry. Read More