State Insurance Policymakers Talk About Private Credit Fears

News July 08, 2026 at 04:15 PM
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What You Need To Know

  • The Utah insurance commissioner said some insurers have far more than 20% of their assets in private credit.
  • The Washington commissioner wondered about the credit ratings supporting the asset valuations.
  • Steve Meskers, a longtime bond market veteran, said lack of public disclosures may hide problems.
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