Insurance Industry:
Questions and Concerns About Solvency Regulation
T-GGD-91-10: Published: Feb 27, 1991. Publicly Released: Feb 27, 1991.
Additional Materials:
- Full Report:
Contact:
GAO discussed the condition and regulation of the insurance industry, focusing on the: (1) financial condition parallels existing between the insurance industry and the savings and loan industry; and (2) quality of insurance regulation and oversight. GAO noted that: (1) although the insurance industry had not experienced the difficulties that the savings and loan industry had, failed firms in both industries had inadequate internal controls, high growth, inadequate loan reserves, and a regulator who was either unwilling or unable to resolve problems; (2) untimely data and insufficient financial reporting requirements inhibited quick identification of problems and risk exposure in the insurance industry; (3) states had widely varying regulatory resources and authorities to foster insurance solvency; (4) regulatory coverage of the reinsurance market was incomplete because of its extensive international character; and (5) the fairness of existing insurance guaranty fund arrangements varied among states as well as their capacity to adequately protect policyholders in the event of widespread company failures.
Sep 27, 2018
Small Business Administration:
Actions Needed to Improve Confidence in Small Business Procurement ScorecardGAO-18-672: Published: Sep 27, 2018. Publicly Released: Sep 27, 2018.
Sep 24, 2018
-
Small Business Contracting:
Small Business Administration Could Further Strengthen HUBZone Eligibility Reviews in Puerto Rico and ProgramwideGAO-18-666: Published: Sep 24, 2018. Publicly Released: Sep 24, 2018.
Aug 23, 2018
-
Consumer Protection:
Gender-Related Price Differences for Goods and ServicesGAO-18-500: Published: Aug 9, 2018. Publicly Released: Aug 23, 2018.
Jun 5, 2018
-
Small Business Loans:
Additional Actions Needed to Improve Compliance with the Credit Elsewhere RequirementGAO-18-421: Published: Jun 5, 2018. Publicly Released: Jun 5, 2018.
May 14, 2018
-
Event Ticket Sales:
Market Characteristics and Consumer Protection IssuesGAO-18-347: Published: Apr 12, 2018. Publicly Released: May 14, 2018.
Jan 31, 2018
-
Small Business Research Programs:
Agencies Need to Take Steps to Assess Progress Toward Commercializing TechnologiesGAO-18-207: Published: Jan 31, 2018. Publicly Released: Jan 31, 2018.
Jan 4, 2018
-
Small Business Contracting:
SBA Efforts May Clarify the Assignment of Industry Codes, and Most Code Appeals Were DismissedGAO-18-76: Published: Dec 5, 2017. Publicly Released: Jan 4, 2018.
Dec 19, 2017
-
Drug Industry:
Profits, Research and Development Spending, and Merger and Acquisition DealsGAO-18-40: Published: Nov 17, 2017. Publicly Released: Dec 19, 2017.
Oct 25, 2017
-
Small Business Contracting:
Actions Needed to Demonstrate Compliance with Requirements for Small Business AdvocatesGAO-18-191T: Published: Oct 25, 2017. Publicly Released: Oct 25, 2017.
Sep 25, 2017
-
Small Business Contracting:
Actions Needed to Demonstrate and Better Review Compliance with Select Requirements for Small Business AdvocatesGAO-17-675: Published: Aug 25, 2017. Publicly Released: Sep 25, 2017.
Looking for more? Browse all our products here
Explore our Key Issues on Business Regulation and Consumer Protection
Explore our other Key Issues here
