Most read stories for the week include Sallie Mae touting excellent relations with key regulators and Morgan Stanley expecting to reach its return-on-equity goal in 2017.
UnitedHealth expects no financial exposure from exchange biz in '17
UnitedHealth Group Inc. does not expect any additional financial exposure in 2017 from individual exchange business related to the Affordable Care Act, based on remarks made by President David Wichmann on Jan. 17.
New York's finance regulator throws down 'gauntlet' for state regulatory rights
New York Department of Financial Services Superintendent Maria Vullo is throwing down "the gauntlet" in support of states' regulatory primacy against the encroachment of any federal regime that could potentially undermine them in their efforts to protect consumers.
Carrier walks fine line between 'manageable' and 'excessive' LTC rate hikes
Northwestern Long Term Care Insurance Co. has encountered some resistance from regulators to the rate increases it has filed for in its core business line despite the restraint the company said it has employed through the process and its lack of history of taking actions of the kind.
Sallie Mae touts 'excellent relations' with key regulators, including CFPB
Sallie Mae Chairman and CEO Raymond Quinlan sought to further distance his company from the strongly worded allegations the Consumer Financial Protection Bureau made Jan. 18 against Navient Corp., saying that his company maintains "excellent relations" with its primary regulators: the CFPB, FDIC and Utah Department of Financial Institutions.
Morgan Stanley CEO expects to reach ROE goal in 2017
Morgan Stanley Chairman and CEO James Gorman said his company could achieve its return-on-equity goal even if it does not hit its revenue target.