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NAIC Report - 2022 Spring National Meeting | Eversheds Sutherland (US) LLP - Vimarsana News

NAIC Report - 2022 Spring National Meeting | Eversheds Sutherland (US) LLP

The National Association of Insurance Commissioners (NAIC) held its 2022 Spring National Meeting from March 4 to 8 in Kansas City, Missouri. Although the meeting was held in a hybrid...

NYDFS Insurance Company Ownership Ten Percent Not Safe Harbor - Vimarsana News

NYDFS Insurance Company Ownership Ten Percent Not Safe Harbor

NY Department of Financial Services NYDFS issued Circular Letter No. 5, reminding owners of insurance companies acquiring less than 10% of company’s voting securities not safe harbor from regulatory prior approval. Board appointment, transactions result in NYDFS Oversight.

New York Says Less Than 10% Ownership Is Not a Safe Harbor | McDermott Will & Emery - Vimarsana News

New York Says Less Than 10% Ownership Is Not a Safe Harbor | McDermott Will & Emery

On April 19, 2022, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 5, reminding owners and potential purchasers of shares of insurance companies that...

Regulators Continue to Scrutinize Private Equity Investments in Insurance | Goodwin - Vimarsana News

Regulators Continue to Scrutinize Private Equity Investments in Insurance | Goodwin

As innovative technologies continue to transform the insurance industry, private equity firms and venture capital funds continue to invest in promising insurtech startups and other...

Private Equity Firms May Squeeze Insurers in New Ways: Regulator - Vimarsana News

Private Equity Firms May Squeeze Insurers in New Ways: Regulator

Eric Kolchinsky says regulators now have to watch for service fees not just dividends and salaries.