Collins Amendment News

President Obama Signs Bill Easing Insurer Capital Standards

President Barack Obama has signed legislation intended to relax capital and liquidity standards for insurers under the Dodd-Frank Act. The law gives the Federal Reserve flexibility in setting the standard for insurers. The legislation (S.2270) was approved by the Senate …

House Passes Bill to Relax Capital Rules for Insurers

A measure that would ease capital and liquidity standards for insurers under the Dodd-Frank Act was approved by the U.S. House of Representatives. The House unanimously passed the bill Wednesday to give the Federal Reserve flexibility in setting the standards. …

Senate OKs Capital Flexibility for Insurers Under Dodd-Frank

U.S. regulators would gain flexibility in how they apply capital standards to insurance companies under a bill approved today by the Senate. The bill, approved by a voice vote, would ease a Dodd-Frank Act provision that imposes bank-like capital standards …

MetLife Unwavering in Battle Over Systemic Risk Rules

Steven Kandarian got MetLife Inc. out of banking to escape Federal Reserve oversight. Now, the insurer is fighting again to avoid the central bank’s reach. Kandarian, MetLife’s chief executive officer, has called regulatory uncertainty the primary challenge to meeting profit …

Sen. Collins: Finding the Right Capital Regulations for Insurers

The following a statement by Senator Susan Collins, a former state insurance regulator, in testimony before the Subcommittee on Financial Institutions and Consumer Protection today on capital requirements for insurance companies. She has authored an amendment to the Dodd-Frank Act …