As Dodd-Frank Fog Clears, Insurers May Look To Dump Banks

Law360, New York (January 2, 2013, 5:09 PM EST) -- Insurance companies waiting to see how the Dodd-Frank Act's regulatory reforms treat their in-house banking units likely will get answers in 2013, and the final rules may push them to ditch those units rather than adhere to the toughened bank capital and other standards, attorneys say.

Among the changes that were embedded within the sweeping 2010 financial regulatory reform law was the implementation of the Basel III international banking accords' increased capital standards and other changes meant to increase banks' safety and soundness. Insurance companies had...
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