February 12, 2007
Lessons on broker compensation and filling the gaps in state regulation Howard Mills, formerly an elected state representative, served the State of New York as its appointed insurance superintendent for the last two years. He stepped in to fill the …
February 12, 2007
One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their state insurance markets, as well as industry-wide concerns. Regulators …
February 11, 2007
Howard Mills, formerly an elected state representative, served the State of New York as its appointed insurance superintendent for the last two years. He stepped in to fill the shoes of Greg Serio when he departed and Mills himself stepped …
February 11, 2007
Looking back on his two-year tenure, former New York Superintendent of Insurance Howard Mills says he thinks insurance actions by his own and other states’ attorneys general came about because there was a vacuum in insurance regulation, a vacuum which …
January 29, 2007
By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based HM Capital has a controlling interest …
January 28, 2007
By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in Oct. 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas-based HM Capital has a controlling interest …
January 25, 2007
New York Governor Eliot Spitzer has nominated long-time insurance legislative leader Alexander B. “Pete” Grannis to serve as Commissioner of the Department of Environmental Conservation. Grannis was first elected to the Assembly in 1974 and represents the Upper East Side …
January 8, 2007
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
January 8, 2007
Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity firms, but also with …
January 8, 2007
One New York “Every policy, every action, every decision we make in this administration will further two overarching objectives: we must transform our government so that it is as ethical and wise as all of New York, and we must …