Insurers get a capital boost - from a regulatory change, designed to let them temporarily count...

|By:, SA News Editor

Insurers get a capital boost - from a regulatory change, designed to let them temporarily count billions in future tax benefits as capital. Despite consumer-group protests, NAIC President Roger Sevigny says: "Insurance regulators have long understood the need for conservatism in insurer's financial statements ... This change recognizes that fact, but also recognizes that overconservatism can actually be detrimental to consumers."