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Insurance Law Center
Monthly Issues Focus: Current Topics are Allocation and Life Insurance
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12/29/2008 9:39:44 AM EST
Peter R. Porrino and Robert W. Stein
In this commentary, Peter R. Perrino and Robert W. Stein of Ernst & Young LLP assess the implications of the current financial and credit crisis for insurance companies and recommend actions they can take to help safeguard ratings and assets and mi ...
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12/10/2008 11:06:50 AM EST
Paul Walker-Bright
Posted by Paul Walker-Bright
Partner, Reed Smith
The financial collapse of AIG, Inc., one of the world's largest groups of insurance companies, has had and will continue to have significant impacts on the financial services industry, including the regulation of insurance. AIG's difficulties highlight ...
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12/1/2008 10:43:47 AM EST
James A. Fanto
Posted by James A. Fanto
Professor of Law, Brooklyn Law School
The crisis has clearly favored the financial holding company structure for the large financial conglomerates. The financial holding company came into legal existence in 1999 with the passage of the Financial Services Modernization Act, generally known ...
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