State Regulators Try To Gain FSB's Ear On Capital Rules

Law360, New York (March 13, 2014, 8:57 PM EDT) -- State insurance regulators on Wednesday made a formal push to participate in Financial Stability Board discussions that could significantly impact U.S. insurers and policyholders, a change in strategy likely inspired by frustrations over proposed global capital standards.

Adam Hamm, the president of the National Association of Insurance Commissioners and North Dakota's insurance commissioner, urged top U.S. financial regulators who serve on the FSB steering committee to advocate for state insurance regulators to jump into the global financial watchdog's talks on insurance-related issues.

In a letter to...
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