Scott Harrington

  • 1991 - AP - Should the Feds Regulate Insurance Company Solvency?, by Scott E. Harrington - 9p
  • 1992 - AP - Policyholder Runs, Life Insurance Company Failures, and Insurance Solvency Regulation, by Scott E. Harrington, 5 Cato Rev Bus & Govt 27, 27 - 11p
  • 2006 0718 - GOV (Senate) - Perspectives on Insurance Regulation, Wayne Allard (R-CO)  ---  [BonkNote]

  • 2009 - AP - The Financial Crisis, Systemic Risk, and the Future of Insurance Regulation, by Scott E. Harrington - <JSTOR>

    • A Public Policy Paper of the National Association of Mutual Insurance Companies September 2009 - 36p

    •  (identifying the insurance companies that applied for and received TARP funds, and noting the availability of ad hoc modifications)

    • A number of insurance companies have sought and received permission in some states to modify financial reporting to improve their reported capital.6
    • Six insurers applied for and were authorized to receive TARP funds.
      • Four of them (Allstate, Ameriprise Financial, Principal Financial, and Prudential Financial) subsequently declined to receive the funds.
      • Hartford Financial received $3.4 billion; Lincoln Financial received $950 million.
      • Another major life insurer, Met Life, declined to seek TARP funding.
      • Genworth Financial applied for but was denied funding.
      • Apart from AIG, the insurance sector has represented a negligible amount of TARP funding and other federal assistance (see below).
  • “The Financial Crisis, Systemic Risk, and The Future of Insurance Regulation”, by Scott E. Harrington, The Journal of Risk and Insurance, 2009, Vol. 76, No. 4, 785-819 - Synopsis by John Seigfreid - 3p