Insurance Regulation: Problems in the State Monitoring of Property/Casualty Insurer Solvency

Pursuant to a congressional request, GAO reviewed state monitoring of property/casualty insurer solvency, focusing on: (1) how state insurance departments detected financially troubled insurers; (2) the resources available to states for monitoring insurer solvency; and (3) the extent to which states shared information and otherwise cooperated in dealing with problem insurers.