Insurance Investment Regulation [Discussion]

In this paper, the author proposes certain premises which are said to be the basis for insurance investment regulation and then describes and discusses some of the shortcomings of the present approach to investment regulation. He also suggests certain principles for achieving his concept of the purposes of insurance investment regulation. Also attached to the paper are copies of legislation proposed in the state of Michigan for the creation of a post-insolvency assessment type fund and for the regulation of insurer investments. It is my opinion that the, primary interest of the Society as respects this paper is the author’s rationale and discussion of insurance investment regulation.