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Books > Business & Economics > Finance & accounting > Finance > Insurance
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Modernizing Insurance Regulation (Hardcover)
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Modernizing Insurance Regulation (Hardcover)
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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.
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