Philadelphia –The legislation and regulations governing the insurance and reinsurance industries that appear directly tied to the financial crisis are causing discussion both in the mainstream press and in smaller markets hoping to involve themselves to a positive end.A story in this morning’s Washington Post described moves by insurance companies to buy savings and loans to get a piece of the $700 bailout pie. Lincoln Financial Group, Genworth Financial and The Hartford Financial Services Group are among several carriers that have recently announced plans to qualify for the government’s $700 rescue funds by purchasing a thrift.
Meanwhile, Mealey’s Litigation, part of BVR Legal, a division of Business Valuation Resources, has established a conference for insurers and legal experts to discuss both the additional legislation/regulations that may be promulgated as a result of the financial crisis, as well as its potential opportunities.Held December 8-9 in Philadelphia , Mealey's Litigation Conference is entitled "The Insurance Industry's Top 10 Risks & Opportunities."
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