The most important issue to be addressed through the November presidential election is finding ways to improve the U.S. economy, according to the latest IFAwebnews.com poll.

MetLife, because of its ownership of MetLife Bank, an online retail unit, was forced to submit to the Federal Reserve’s stress testing and failed, possibly because it was “unfairly penalized” by regulators.

A report expected from the Federal Insurance Office later this month, addressing how to modernize and improve insurance regulation, could significantly affect the insurance industry, according to an industry regulatory expert.

A trade group representing insurance agents and financial service professionals submitted its comments on the Federal Insurance Office’s Dodd-Frank study on modernizing and improving insurance regulation.

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 of his insurance expertise.

“Dramatic shifts” in the investment advisor profession are forecast as advisors prepare for the Dodd-Frank Act, a provision of the federal financial service reform to be enacted next year.

The U.S. Treasury Department intends to create a Federal Advisory Committee on Insurance as part of the new Federal Insurance Office created under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Insurance representatives from the U.S. and Europe met in Washington, D.C., for two days earlier this month, as part of the ongoing dialogue concerning challenges with international insurance regulation.

The National Insurance Producer Registry’s (NIPR) online licensing products will help the surplus lines industry in each state to meet new federal financial services reform licensing and renewal regulatory requirements.

The Obama Administration, not Congress, could dramatically affect insurance and its regulation in 2011, according to a panel of industry expert.