Modernizing Insurance Regulation (eBook)

The future of the insurance regulation begins now

For those involved with the insurance industry, from investment
professionals to policy makers, and regulators to legislators,
tremendous change is coming. With insurance premiums constituting
an ever-growing portion of annual U.S. GDP and provisions of the
Dodd-Frank Act specifically calling for modernization of insurance
regulations, the issues at hand are pervasive. In Modernizing
Insurance Regulation, these issues are described against a
backdrop of the political and industry discussions that surround
insurance, regulation, and systemic risk. Experts Viral V. Acharya
and Matthew Richardson discuss a variety of issues with top
thinkers in the fields of finance, derivatives, credit risk, and
banking to bring to light the most germane elements of this ongoing
discussion.

In Modernizing Insurance Regulation, Acharya and
Richardson call on the expertise of all the relevant stakeholders
within government, academia, and industry to offer a well-rounded
and independent view of insurance regulation and how the evolution
of this key industry affects the U.S. economy now and in the
future.

* Provides an overview of the feasibility of maintaining a
state-level regulatory structure

* Offers a view of the issues from top academics, industry
leaders, and state regulators

* Explores the debate surrounding the insurance industry and
systemic risk

* Provides an in-depth look at upcoming changes under the
Dodd-Frank Act

Modernizing Insurance Regulation provides a look into the
crucial changes coming to insurance regulation and an overview of
how those changes will affect almost everyone.