Thursday, November 1, 2012

U.S. Insurers Must Set Aside More Capital for Mortgages—Regulator


(Reuters) - Insurers must set aside more capital against their mortgage-related investments to protect against possible future downturns in the housing market, state regulators agreed on Friday. The National Association of Insurance Commissioners, a group of state insurance commissioners that regulates the industry, had expressed concern about whether insurers had enough capital on hand under current rules.  read more..

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