The Press Room features links to articles on the insurance industry, state and federal insurance regulation, and other issues of interest to the guaranty system. The views expressed in these articles do not necessarily reflect the views of NOLHGA or its members.
Lawyers for a failed Clayton company’s receiver and the state entities that lost millions of dollars when it collapsed said Wednesday in federal court that a bank’s failures to supervise a trust should force its successor to pay more at least $272 million in damages.
The Maine official will be a key player in health insurance regulation and annuity sales standard efforts.
A long-term care insurance company liquidation case could undermine the confidence in the entire insurance industry, according to the American Council of Life Insurers.
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