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Arthur Postal

InsuranceNewsNet Washington Bureau Chief Arthur D. Postal has covered regulatory and legislative issues for more than 30 years. He can be reached at [email protected].

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ACLI Urges Quick Action On IUL Rules

May 13, 2015

The American Council of Life Insurers weighed in on the proposed rules for illustrating index universal life insurance…

Schwab CEO: Consistency Needed In Fiduciary Rules

May 12, 2015

Walter Bettinger II said it would be better for the industry to have one set of rules, regardless of who leads or who “goes first.”

Consumer Group Rejects IUL Proposal

May 12, 2015

Consumer representatives of the National Association of Insurance Commissioners (NAIC) have asked the panel to go back to the drawing board in its year-long effort to craft new rules on indexed universal life (IUL) insurance illustrations…

Exclusive

DOJ Argues MetLife Reversal Would Undermine SIFI Mission

May 12, 2015

MetLife’s challenge to its designation as a systemically important financial institution (SIFI) is “meritless” and should be dismissed, the Department of Justice (DOJ) argues in a filing in Federal Court…

Dems Slow Bill to Curb Fed’s Insurance Oversight

May 11, 2015

Senate legislation aimed at curbing federal regulation of insurance is running into headwinds, and markup of the legislation by the…

Exclusive

Bill Aims To Curb Fed On Insurance

May 11, 2015

The Senate Banking Committee on Thursday will take up legislation aimed at ensuring state regulators have a role in establishing international insurance rules…

Democrats Ask For More Comment Time On Fiduciary Proposal

May 8, 2015

Twenty-six members of Congress have entered the fray surrounding an extension of the comment period on the Department of Labor’s fiduciary proposal…

Bill Aims To Curb Fed Regulations On Insurance

May 8, 2015

WASHINGTON – The Senate Banking Committee on Thursday will take up legislation aimed at ensuring state regulators have a role…

MetLife 1Q Report Centers On VA And LTCi Successes

May 7, 2015

MetLife’s FlexChoice variable annuity with guaranteed lifetime withdrawal benefit was instrumental in the company’s meeting its target of increasing overall annuity sales 50 percent from 2014 to 2015…

Exclusive

MetLife 1Q Report Centers On VA And LTCi Successes

May 7, 2015

MetLife’s FlexChoice variable annuity with guaranteed lifetime withdrawal benefit was instrumental in the company’s meeting its target of increasing overall annuity sales 50 percent from 2014 to 2015…

California Fines 60 Insurers for Late Life Payments

May 7, 2015

The insurers who are being assessed are smaller insurers that were not targets of the multi-state investigation of larger insurers…

Exclusive

Financial Advice Not Reaching Americans, Deloitte Says

May 6, 2015

Underserved Americans include a “significant” segment with substantial assets to invest, according to Deloitte..

Exclusive

‘Predictable And Steady’ Make Insurers Attractive To Private Equity

May 5, 2015

Private equity firms interested in buying life insurance companies are not looking to hit home runs, but singles and doubles…

Exclusive

AIG Challenges PIMCO Lawsuit

May 5, 2015

AIG filed suit in New York seeking dismissal of a March 27 lawsuit filed against it by the asset management company PIMCO…

New Fiduciary Rule to Affect Fixed Annuities

May 4, 2015

WASHINGTON – The new fiduciary standard proposed by the Labor Department targets the sale of securities products such as variable…

Congress Intervenes on International Insurance Standards

April 30, 2015

WASHINGTON — Congressional members want to intervene on behalf of state regulators to ensure that international insurance rules being negotiated…

ACLI Asks Congress For Changes In SIFI Designation Process

April 30, 2015

WASHINGTON – The American Council of Life Insurers (ACLI) said its members believe there are flaws in the process for…

New York Says Insurers Evade Federal Taxes Through Captives

April 30, 2015

WASHINGTON – Concerns about the problems associated with use of captives by insurers and the fact they also provide a…

Exclusive

Allstate Completes Divestiture Of Lincoln Benefit

April 29, 2015

Allstate has completed the divestiture of Lincoln Benefit Life, which included Allstate’s entire deferred fixed annuity and long-term care insurance businesses…

Exclusive

Allstate Completes Divestiture Of Lincoln Benefit

April 29, 2015

WASHINGTON – Allstate has completed the divestiture of Lincoln Benefit Life, which included Allstate’s entire deferred fixed annuity and long-term…

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