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Licensing of Insurers – New Appleman on Insurance Law Library Edition, Chapter 9

By Julie McPeak This chapter begins with a description of the issues prevalent in the initial formation of an insurance company, from the perspective of the organizers and the state insurance regulators. Often, matters of concern to regulators opining on the adequacy of the application for insurance...

Framework for the Regulation of the Insurance Industry – New Appleman on Insurance Law Library Edition, Chapter 8

By Gary M. Cohen This is a time of unprecedented turmoil in the financial markets. The failure of Lehman Brothers and the federal bailout of AIG and other major financial institutions has led policymakers to consider wide-ranging changes to a regulatory system that dates back to the Great Depression...