IFAwebnews » U.S. Treasury

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

Bob Graham — Wed, 28 Sep 2011 18:18:36 +0000

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.

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

10 insurers with direct, indirect U.S. risks see S&P ratings drop

Bob Graham — Tue, 09 Aug 2011 01:43:05 +0000

Standard & Poor's Ratings Services lowered to “AA+” from “AAA” its long-term counterparty credit and financial strength ratings on the member companies of five U.S. insurance groups, following its lowering of the U.S.'s credit rating last week.

10 insurers with direct, indirect U.S. risks see S&P ratings drop via IFAwebnews.

AIG, Chartis credit facilities offer another ‘vote of confidence’

Bob Graham — Tue, 28 Dec 2010 10:37:28 +0000

American International Group, the global insurer close to paying back the $182 billion in federal bailout assistance it received, has entered into three bank credit facilities.

AIG, Chartis credit facilities offer another ‘vote of confidence’ via IFAwebnews.

Feds issue rules for ‘grandfathering’ of health plans amid reform

Bob Graham — Wed, 16 Jun 2010 10:59:11 +0000

Federal officials say they issued a new regulation designed to give market flexibility and stability to health insurance coverage as reform takes hold.

Feds issue rules for ‘grandfathering’ of health plans amid reform via IFAwebnews.

Lincoln National Corp. to give U.S. back $950 million from stock offering

IFAwebnews Staff — Wed, 16 Jun 2010 10:21:59 +0000

Philadelphia-based Lincoln National Corp. plans to buy back $950 million worth of preferred stock to pay back the U.S. Treasury for money it received from the government last year.

Lincoln National Corp. to give U.S. back $950 million from stock offering via IFAwebnews.

Latest health reform mandate suit says religious rights are violated

Bob Graham — Mon, 14 Jun 2010 10:50:27 +0000

Another lawsuit challenging the constitutionality of the mandate that individuals buy health insurance has been filed, this time arguing the law violates people’s religious rights.

Latest health reform mandate suit says religious rights are violated via IFAwebnews.

AIG executive ensures repayment, ‘plus a profit,’ to U.S. taxpayers

Keith L. Martin — Thu, 27 May 2010 12:16:49 +0000

The president and CEO of American International Group told a congressional panel that not only would the insurer repay the more than $132 billion it was loaned by taxpayers, but would pay more than it received.

AIG executive ensures repayment, ‘plus a profit,’ to U.S. taxpayers via IFAwebnews.

Senate passes reform bill; states retain insurance regulation

Bob Graham — Fri, 21 May 2010 13:41:42 +0000

The U.S. Senate’s passage of financial services reform May 20 has drawn the praise of two insurance industry trade groups, both pleased to see that senators deemed property-casualty insurance different than other financial service sectors.

Senate passes reform bill; states retain insurance regulation via IFAwebnews.

New health reform law cuts costs by cutting fraud, officials say

Keith L. Martin — Fri, 14 May 2010 16:30:49 +0000

Touting the nearly $3 billion federal anti-fraud efforts brought into federal coffers last year, government officials say the Patient Protection and Affordable Care Act will do even more to assist in fighting additional fraud and waste.

New health reform law cuts costs by cutting fraud, officials say via IFAwebnews.

Life insurance group responds to government’s retirement plan query

Bob Graham — Wed, 05 May 2010 12:20:36 +0000

A life insurance trade group is telling federal officials the vital role that guaranteed lifetime income options can have in workplace retirement plans.

Life insurance group responds to government’s retirement plan query via IFAwebnews.