How Dodd-Frank Has (And Hasn't) Made Waves In Insurance

Law360, New York (August 20, 2013, 5:26 PM EDT) -- President Barack Obama told financial regulators Monday to step up the pace on implementing the Dodd-Frank Act, a law that has for three years been a source of great apprehension and mystery for the insurance industry.

The statute made insurers and their state regulators jittery by setting up the Federal Insurance Office, the first federal voice on insurance policy, and by threatening insurance giants with the label of "systemically important financial institution," a designation that brings supervision by the Federal Reserve.

But progress on implementing Dodd-Frank...
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