Sunday, April 11, 2021
Insurance Sidebar :: Amy Stewart Law’s Blog on Insurance Coverage Issues Minimize

Category: Dodd-Frank

FIO Reports on Back Burner Until Polls Close

For those of you waiting breathlessly for the Federal Insurance Office’s reports on reinsurance and insurance regulation, you may want to find a comfortable chair. Some analysts predict the overdue reports probably won’t be coming out until after the November election. Apparently, nobody is looking to alienate state regulators or the insurance industry at this delicate time. Why poke a bear if you don’t have to? Nevermind that these reports were due month ...

Read the rest of entry »

AIG Officially 'Too Big to Fail'?

Insurance giant AIG, the company that gave us the “too-big-to-fail” ethos in the first place, was notified by the feds this week that it may officially be deemed too big to fail and, thus, subject to enhanced scrutiny and regulatory oversight. In the wake of the 2008 financial crisis, “too big to fail” is the nomenclature commonly applied to banks and other financial institutions the failure of which would significantly threaten the United States' financial stabil ...

Read the rest of entry »

Dodd-Frank: Expectations vs. Reality

Since the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 nearly two years ago, corporate policyholders and industry insiders alike have anticipated its impact on the insurance industry.  Among other measures, the unprecedented financial reform law mandated significant federal regulation of insurance, created generous incentives for whistleblowers that provide quality information regarding potential securities violations, imposed aggressive pe ...

Read the rest of entry »

Federal Insurance Office :: First Report to Congress Two Months Overdue

Among other sweeping reforms designed to mitigate against the next financial crisis, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) created the first federal regulatory agency focused on insurance, an industry historically subject primarily to state regulation under the McCarren-Ferguson Act of 1945.  Undoubtedly prompted by the near-failure of insurance giant AIG, the Federal Insurance Office Act of 2010 established the Federal Insurance Office (FIO) within the U. ...

Read the rest of entry »

Firm Web Site Minimize
Please visit our web site at
About Minimize
Amy Stewart Law is a boutique law firm that represents policyholders exclusively in insurance coverage litigation and bad faith, with an emphasis in directors & officers liability, cyber insurance, fiduciary liability, professional liability and other specialty liability coverages.

Practice Areas Minimize
  • insurance coverage litigation
  • bad faith litigation
  • policy interpretation & analysis
  • insurance review & planning advice
  • advice | insurance disputes
Amy Stewart PC | Dallas, Texas | Copyright 2020 | All Rights Reserved