What follows is a list of insurers currently targeted by the Fed for additional oversight because they operate a thrift. While some of the companies on this list are seeking to shed their thrifts to avoid addtional federal regulation, others are willing to live with additional federal oversight.

According to federal regulators, the list of companies under scrutiny by the Fed is a “moving target,” and it is subject to change. But for now, here are the first 20 companies to come under the Fed’s spotlight. Who will be next? Only time will tell.

AIG

Insurer: AIG
Thrift:
AIG FSB (Wilton, CN)

Insurer: Ameriprise
Thrift:
Ameriprise Bank FSB (Minneapolis, MN)

Insurer: Auto Club Insurance Association
Thrift:
Auto Club Trust Bank FSB (Dearborn, MI)

Insurer: CICO Holding
Thrift:
Colonial Savings Bank (Fort Worth, TX)
Note: The thrift and Colonial Life and Colonial Mortgage Insurance Co. are under common ownership, though the insurance companies do not directly own the thrift.

Insurer: Country Financial
Thrift:
Country Trust Bank (Bloomington, IL)

Source: National Underwriter, SNL Financial

Photo credit: (AP Photo/Mark Lennihan, file)

NW Mutual

Insurer: Northwestern Mutual 
Thrift:
 
NW Mutual Wealth Management Co. (Milwaukee, WI)

Insurer: MassMutual 
Thrift:
 MassMutual Trust Co. FSB (Springfield, MA)

Insurer: Donegal Mutual
Thrift:
Union Comm Bank FSB (Marietta, PA)

Insurer: First American
Thrift: First American Trust FSB (Santa Ana, CA)

Insurer: TIAA-CREF 
Thrift:
 
TIAA-CREF Trust Co. FSB (St. Louis, MO)

Source: National Underwriter, SNL Financial

Photo credit: (PRNewsFoto/NorthwesternMutual)

Pru

Insurer: Prudential Financial 
Thrift:
 Prudential Bank and Trust FSB (Philadelphia, PA) 
Note:
 Prudential is in the process of selling off deposits and converting its thrift to a trust bank.

Insurer: Ohio Farmers
Thrift: Westfield Bank FSB (Westfield Center, OH)

Insurer: Polish National Alliance of the U.S.
Thrift:
PNA Bank (Chicago, IL)

Insurer: Shelter Mutual
Thrift:
Shelter Financial Bank (Nashville, TN)

Insurer: State Farm
Thrift:
State Farm Bank FSB (Bloomington, IL)

Source: National Underwriter, SNL Financial

Photo credit: (AP Photo/Douglas C. Pizac)

NJ Manufacturers

Insurer: N.J Manufacturers 
Thrift:
 N.J.M Bank FSB (West Trenton, NJ)

Insurer: UNIFI MHC
Thrift:
Acacia FSB (Falls Church, VA)

Insurer: USAA
Thrift:
USAA FSB (San Antonio, TX)

Insurer: WPS Health
Thrift:
WPS Comm Bank FSB (Madison, WI)

Insurer: W.R. Berkley
Thrift: InsurBanc (Farmington, CN)

Source: National Underwriter, SNL Financial

Photo credit: (AP Photo/Tim Larsen)