Tag: insurance
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Treasury Secretary Scott Bessent Meets with Insurance Commissioners on Private Credit
Treasury Secretary Scott Bessent convened with state insurance commissioners and the NAIC to discuss the U.S. life insurance sector, focusing on private credit markets, offshore reserves, and the need for balanced regulation that manages risk while encouraging innovation.
Business and FinanceInsuranceScott BessentU.S. Department of the TreasuryNAICPrivate CreditRegulatory PolicyUS Treasury
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Indian National Sentenced to 41 Months for Multimillion-Dollar Fraud
An Indian national received a 41-month prison sentence for leading a multimillion-dollar conspiracy. The scheme successfully defrauded multiple telephone providers and insurance companies out of millions of dollars in merchandise, according to the FBI Newark office.
Law EnforcementBusinessWorldIndiaLegalEconomyAsia CrimeTelecommunicationsInsuranceFraudFBI NewarkSentencingFBI
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US and EU Review Insurance and Reinsurance Agreement
US and EU hold seventh Joint Committee meeting in Washington, reaffirming the importance of the 2017 agreement on insurance and reinsurance prudential measures, and agreeing that it is functioning well.
Politics and GovernmentBusinessEuropeTradeFinancial Markets European UnionJoint CommitteeInsuranceReinsuranceTrade AgreementEuropean CommissionUS Treasury