By Christopher B. Tobe, CFA, CAIA | September 2026 For decades, the insurance industry has sold a simple story: Leave oversight to the states, trust the insurer’s rating, and count on a state guaranty association if the insurer fails. That story gets harder to defend when an insurer is part of a national private-equity and … Continue reading Congress Finally Asks Whether America Needs a Federal Insurance Regulator. The Answer Is Yes.