The Federal Reserve appears willing to consider concerns regarding the application of bank-centric standards for insurers with thrifts, PCI's Dave Snyder and Jim Olsen say. Fed Chairman Ben Bernanke has said bank-centric standards are needed to ensure that the Dodd-Frank Act is met. "We believe the consolidated regulatory-capital requirements for [savings and loan holding companies] that are predominantly property/casualty insurers should take into consideration their current regulatory-capital requirements, which are appropriate for the business of writing property/casualty insurance," Snyder and Olsen say.

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