Roy Woodall Confirmed for FSOC Post
Roy Woodall, nominated for the only voting seat of three on the Financial Stability Oversight Council devoted to insurance experts, was confirmed on Tuesday in the Senate.
Michael McRaith, Director of Insurance, Illinois: The Extended 2011 IA 25 Profile
Michael McRaith, director of insurance for the state of Illinois, has been appointed by Treasury Secretary Timothy Geithner to head up the new Federal Insurance Office.
Follow the Leaders: The 2011 IA 25
In the nine years that Investment Advisor has published the IA 25, our editors’ judgment as to the 25 most influential people in and around the advisor community, we’ve never ranked the 25 in the order of their importance.
Insurance Rep Blasts FSOC at House Hearing
At a hearing before the House Financial Services Committee oversight subcommittee on the role and actions of the FSOC on Thursday, John Huff, Missouri’s director of insurance and a representative of the NAIC, voiced discontent with representation on the council for the industry.
McRaith Named to Head New Federal Insurance Office
Secretary of the Treasury Timothy Geithner announced Thursday that the first director of the new Federal Insurance Office will be Michael McRaith, currently insurance director of Illinois and formerly the secretary/treasurer of the National Association of Insurance Commissioners.
Credit Where Credit Is Due
Using credit scores in an economy that has seen millions put out of work and into foreclosure is unfair and subjects consumers to unreasonable rate increases.