Since its inception in mid-1800s, insurance regulation in the U.S. has continued to evolve in response to changing circumstances and the opportunity to take advantage of new methods and technologies. Important developments in insurance regulatory policies and practices at an international level,...

The Optional Federal Chartering (OFC) proposal introduced in the last session of Congress may have been the right bill for the introduction of federal regulation of the insurance industry at the turn of the 20th century. However, the current OFC proposal shows its 19th century roots as it merely...

The Financial Stability Oversight Council (FSOC), established by the Dodd-Frank Act, has the extraordinary authority to designate financial firms as systemically important financial institutions (SIFIs). Firms so designated are then turned over to the Fed for “stringent” regulation. FSOC’s...