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New director of Federal Insurance Office called ‘smart, competent’

Michael McRaith, insurance director at the Illinois Department of Insurance, was named the first leader of the Federal Insurance Office (FIO). Michael T. McRaith The FIO, part of the U.S. Treasury...

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FSOC to benefit from Woodall’s ‘deep knowledge’ of insurance

Two insurance industry trade groups voices satisfaction with the U.s. Senate’s confirmation of former Kentucky insurance commissioner S. Roy Woodall to the Financial Stability Oversight Council because...

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Lawksy’s comments on life insurers called ‘inaccurate’ and ‘irresponsible’

The American Council of Life Insurers reacted in a critical manner to the announcement by New York Superintendent of Financial Services Benjamin Lawsky that his state was opting out of reserve...

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