We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

State regulation “not to blame” for AIG collapse

World Insurance Report

State regulation “not to blame” for AIG collapse

An academic said several federal regulatory agencies with authority over AIG were “asleep at the wheel”

As proponents of US federal insurance regulation continue to invoke the collapse of American International Group (AIG) as evidence of the significant risk posed by insurers to the financial system, Scott E. Harrington, a professor at the Wharton School of the University of Pennsylvania, offered a contrary perspective to reporters and congressional staffers at a Capitol Hill briefing last week.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?


Request a trial Find out more