States Get $185 Million to Build Insurance Exchanges
HHS awarded $185 million to 13 states and the District of Columbia to help them build Affordable Insurance Exchanges—one stop marketplaces that let consumers pick a private health plan that mirrors choices offered to Congress.
AIG to Repay $37 Billion to U.S. After Sales
AIG has raised a total of approximately $37 billion with which to repay the federal government after an IPO of AIA of Hong Kong and American Life Insurance Co. to MetLife, according to a report from NU Online News Service on Monday.
403(b)s Embracing 401(k) Standards: IA Retirement Plan Advisor for May 2010
Greater number of 403(b) plans adhering to fiduciary requirements
No Federal Regulation of Insurance, Yet, as House Committee Approves Financial Stability and Insurance Office Bills
Full House to begin debating financial reform December 9
Dodd Bill: Industry Groups See Worms In That Can
The Restoring American Financial Stability Act of 2009 discussion draft is long enough to have room for many troubling provisions, insurance industry Congress watchers say.
A Hail Mary Play: Is There Reason to Hope on Schapiro and the Fiduciary Standard?
Two weeks ago, the U.S. Treasury Department followed up the Obama Administration's white paper on financial reregulation by submitting to Congress proposed fiduciary standard legislation....
Analysts: insurers may reject TARP funding
Analysts at Keefe, Bruyette & Woods told Reuters Friday that some U.S. life insurers with solid capital positions may not accept funds under the U.S....
The First 100 Days
The Obama administration's financial stimulus plan rated a thumbs-up last Tuesday from a panel assembled by Dow Jones Indexes/STOXX Ltd. to reflect on the first 100 days of the new regime.
New Rules for Money Market Funds
The Board of Governors of the Investment Company Institute endorsed March 17 recommendations from the Money Market Working Group to require new regulatory and oversight...
Treasury and IRS issue more flexibility for 529 plans
We're sure this is one of many revised regulations we will see this year as a direct result of the financial crisis. The IRS and...