Most read stories for the weekinclude a proposal to merge Fannie Mae and Freddie Mac, and an effort to reformthe Affordable Care Act's risk adjustment program.
A groupof housing reform experts proposed merging FannieMae and Freddie Macinto a single government corporation as a way to help the government-sponsored enterprisesexit conservatorship and streamline the secondary market for mortgage loans.
A loosecoalition of small health insurers and state regulators is stepping up efforts toreform the Affordable Care Act's risk adjustment program, warning that without changesit could force a slew of companies off of state exchanges or perhaps even out ofbusiness.
equityanalyst Joel Jeffrey joined the investor relations team at Keefe Bruyette &Woods parent company Stifel FinancialCorp., a representative for the company told S&P Global Market Intelligence.
The combinationof conservative investment philosophies and the low-for-long interest rate environmenthas helped render the stated range for property and casualty company investmentyields in the NAIC's Insurance Regulatory Information System, or IRIS, manual increasinglychallenging to reach.
initiallyoffered to acquireFidelity & Guaranty Lifefor $28.00 per share but reduced the aggregate purchase price by about $70 millionto reflect the final outcome of its due diligence review, a regulatory filing revealed.