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House TRIA drama upstages Senate's passage of bill

July 17–The Senate passage of a seven-year extension Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244) 93-4, complete with the package of National Association of Registered Agents and Brokers legislation (NARAB II) as an amendment, doesn’t mean the package will move to a complete legislative bill ready to sign anytime soon. 1,443 more words

Consultant to examine NAIC governance procedures, external and internal relationships

UPDATED 7/16 10:30 am with NAIC education initiative news:

Seven months after Connecticut Insurance Commissioner Tom Leonardi recommended hiring outside consultants to conduct a thorough evaluation of the governance structure of the National Association of Insurance Commissioners (NAIC), its Executive Committee has finally decided to go forward with the move. 933 more words

Global BCR consultation open-as U.S. House Aprops tries to keep Feds in line with state insurance views

The International Association of Insurance Supervisors (IAIS) has issued its second consultation document on the global Basic Capital Requirement (BCR), the first capital underpinning for global insurers, beginning with the Global Systemically Important Insurers (G-SIIs), which include in the U.S.,  AIG, Prudential Financial and MetLife. 947 more words

36 Days To Go

As Coach Ige said – This is it! It’s crunch time!

I knew my June training would be heavy and difficult. Tiring. Long. But my attitude changed while training for the Cebu IM70.3 event. 752 more words


Morning Update – 06/24/14

In Brief: House passes terrorism insurance bill, includes NARAB licensing amendment; DOJ continues Operation Choke Point; Republicans criticize CFPB data collection

House Financial Services Committee Passes Republican TRIA Bill, Includes NARAB Licensing Amendment. 614 more words


Hello from Cavite!

Been neglecting the blog in favor of room-cleaning (which is still a work in progress), packing and ironing clothes for the trip here, and lazing around in the house here. 215 more words


Morning Update – 06/10/14

In Brief: House & Senate hold hearings on CFPB today; Payday lenders sue banking regulators to stop operation Choke Point; Film on alternative financial products… 538 more words