Industry Groups Persuade Regulators to Limit Proposed RBC Increase for Commercial Mortgages
June 25, 2010
A panel of state insurance regulators has decided to ratchet down a proposed increase in risk-based capital requirements that apply to commercial mortgage loans in good standing, a move sought by both the mortgage banking and life insurance industries. The move means life insurance entities will face less of a hit to their capital base than otherwise would have been the case...